無む利り息そく公こう債さい

noun

non-interest-bearing bond

A bond that does not pay periodic interest; typically issued at a discount and redeemed at face value. Used in financial and governmental contexts.

• 政せい府ふは無む利り息そく公こう債さいを発はっ行こうして資し金きんを調ちょう達たつした。

  The government issued non-interest-bearing bonds to raise funds.