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Ex couponA bond sold without the right to the next interest payment.Similar MatchesCoupon equivalent yieldCoupon equivalent yieldTrue interest cost expressed on the basis of a 365-day year. Weighted average CouponWeighted average CouponThe weighted average of the gross interest rates of mortgages underlying a pool as of the pool issue date; the balance of each mortgage is used as the weighting factor. Coupon bondCoupon bondA bond featuring coupons that must be presented to the issuer in order to receive interest payments. Coupon equivalent rateCoupon equivalent rateSee: Equivalent bond yield Split coupon bondSplit coupon bondA bond that begins as a zero-coupon bond paying no interest and converts to an interest paying bond on a future date. Further SuggestionsFull coupon bondCoupon Current coupon Level coupon bond High coupon bond refunding Low coupon bond refunding Long coupons Coupon pass coupon Current coupon issues Coupon rate Pass through coupon rate Zero coupon convertible security Coupon |
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