why would anyone want a discount bond 
discount bonds are fixed income securities that are issued at a lower price than their face value since they come at a discount sometimes very deep discounts they promise a high return put simply you pay a lower price for the bond but may still get the full face value when the bond matures keep in mind that these bonds are typically offered by companies that have financial difficulty or are on the verge of bankruptcy as such they come with a high degree of risk still some investors believe they are good investments the bottom linebonds are often considered low risk investments that s because bond issuers promise to return the face value to investors with regular coupon payments but there are certain bonds that come with a greater degree of risk discount bonds promise higher returns but may not return their full face value if something happens to the company before they reach maturity as an investor you should do your research before you make any decisions about whether to jump into the discount bond market 