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About 48.6% to 50.1% of all Christians are Catholics. [1] [2] According to the annual directory of the Catholic Church or Annuario Pontificio of 2024, there were 1.390 billion baptized Catholics in 2022. [7] [8] In 2024, the World Christian Database reported 1.278 billion Catholics. [1]
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Zero coupon bonds have a duration equal to the bond's time to maturity, which makes them sensitive to any changes in the interest rates. Investment banks or dealers may separate coupons from the principal of coupon bonds, which is known as the residue, so that different investors may receive the principal and each of the coupon payments.
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