|
|
Ex coupon |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Ex couponA bond sold without the right to the next interest payment.Similar MatchesCoupon bondCoupon bondA bond featuring coupons that must be presented to the issuer in order to receive interest payments. Zero coupon convertible securityZero coupon convertible securityA zero-coupon bond convertible into the common stock of the issuing company after the stock reaches a certain price, using a put option inherent in the security. Also refers to zero-coupon bonds, which are convertible into an interest bearing bond at a certain time before maturity. Current couponCurrent couponA bond selling at or close to par, that is, a bond with a coupon close to the yields currently offered on new bonds of a similar maturity and credit risk. Pass through coupon ratePass through coupon rateThe interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees. CouponCouponThe interest payment on a bond, so-named because bonds originally were pieces of paper with small sections, called coupons, that were cut off and exchanged for the interest payments. Further SuggestionsCoupon passSplit coupon bond coupon Long coupons Coupon Level coupon bond Low coupon bond refunding Coupon equivalent yield Weighted average Coupon Current coupon issues High coupon bond refunding Coupon equivalent rate Coupon rate Full coupon bond |
|
|
|