In bonds, spot rates refer to the interest rates prevailing at a certain level in time when working with zero-coupon bonds. Zero-coupon bonds are mounted-interest securities that don't make periodic interest payments (or Coupon codes) for their holders, rather selling at a discount for their face benefit and maturing at https://investment-in-physical-go57766.blog5.net/86548429/geopolitical-risk-no-further-a-mystery