Split coupon bond


 

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Split coupon bond

A bond that begins as a zero-coupon bond paying no interest and converts to an interest paying bond on a future date.



Split coupon bond

Similar Matches

Current coupon

Current coupon

A 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.


Coupon

Coupon

The 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.


Weighted average Coupon

Weighted average Coupon

The 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 bond

Coupon bond

A bond featuring coupons that must be presented to the issuer in order to receive interest payments.


Level coupon bond

Level coupon bond

Bond with a stream of coupon payments that remain the same throughout the life of the bond.


Further Suggestions

Coupon equivalent rate
Coupon pass
Coupon
Zero coupon convertible security
Coupon
Current coupon issues
Full coupon bond
Coupon rate
Long coupons
High coupon bond refunding
Low coupon bond refunding
ex coupon
Pass through coupon rate
Coupon equivalent yield


 
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