What is “Zero Coupon Bonds”?

It is the term to denote Bonds issued by Govt. of India.

Bond which is purchased with Zero cash.

It is s an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities.

It is a type of bond that is issued at a deep discount to its face value but pays no interest.

None of these