Split coupon bond

 

Home
Site Map
Add Term
Search
About Us
Contributors

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

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.


Pass through coupon rate

Pass through coupon rate

The 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.


Coupon

Coupon

The 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.


Coupon

Coupon

The periodic interest payment made to the bondholders during the life of the bond.


Ex coupon

Ex coupon

A bond sold without the right to the next interest payment.


Further Suggestions

Zero coupon convertible security
Coupon equivalent yield
Current coupon issues
High coupon bond refunding
Current coupon
Low coupon bond refunding
Long coupons
Coupon equivalent rate
Coupon pass
Weighted average Coupon
Full coupon bond
Level coupon bond
Coupon rate
Coupon bond


 
All rights Reserved. Do not copy without permission.Salary Calculator - Tax Calculator - Stamp Duty Calculator - Income Tax Calculator