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Coupon rate |
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Coupon rateIn bonds, notes, or other fixed income securities, the stated percentage rate of interest, usually paid twice a year.Coupon rate Similar MatchesCouponCouponThe annual rate of interest paid by the issuer of a bond until maturity. So, for instance, a Glaxo 5-year bond paying 7% interest per year is said to have a coupon of 7%. The phrase dates from the time when the bonds actually had a tear-off coupon which guaranteed your right to be paid by the issuer. Coupon passCoupon passCanvassing by the desk of primary dealers to determine the inventory and maturities of their Treasury securities. The desk then decides whether to buy or sell certain issues (coupons) in order to add or withdraw reserves. Coupon equivalent yieldCoupon equivalent yieldTrue interest cost expressed on the basis of a 365-day year. Coupon equivalent rateCoupon equivalent rateSee: Equivalent bond yield CouponCouponThe periodic interest payment made to the bondholders during the life of the bond. Further SuggestionsCurrent coupon issuesex coupon Coupon bond Level coupon bond Coupon Current coupon Full coupon bond Weighted average Coupon High coupon bond refunding Long coupons Split coupon bond Low coupon bond refunding Zero coupon convertible security Pass through coupon rate |
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