as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
is there a reason to buy a 0% yield bond?
user
no, there isn't. there are a number of reasons that institutions buy these bonds but as an individual you're likely better off in a low-yield cash account. by contrast, there would be a reason to hold a low-yield (non-zero) bond rather than an alternative low-yield product.
assistant