coupon bond
Definition
Bond issued with a number of coupons (counterfoils) that must be detached and presented to receive the periodic interest (paid usually twice a year). Coupon bonds are bearer bonds, therefore anyone who presents the coupon is entitled to collect the interest payment.
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coupon bond is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
coupon bond appears in the definition of the following term: bond equivalent yield (BEY)
coupon bond appears in these other term: split coupon bond
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