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coupon bond |
Also found in: Wikipedia | 0.07 sec. |
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Coupon Bond A debt obligation with coupons attached that represent semiannual interest payments. Notes: No record of the purchaser is kept by the issuer, and the purchaser's name is not printed on the certificate.
This is also known as a bearer bond. Coupon bond A bond featuring coupons that must be presented to the issuer in order to receive interest payments.
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