Coupon Bond

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Related to Coupon Bonds: Bearer bonds, Zero Coupon Bonds

Coupon bond

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

Coupon Bond

A bond containing no ownership information and for which the physical bearer is presumed to be the owner. Coupons are physically attached to the bond and must be presented to the issuer to receive interest payments. Coupon bonds have not been issued in the United States since 1982, and thus they have become a significantly less important activity; most references to bearer bonds apply to very old bonds that have not yet matured. See also: Clipping.

coupon bond

Coupon Bond

A bond with interest coupons attached. The coupons are clipped as they come due and are presented by the bond holder for payment of accrued interest.
References in periodicals archive ?
In addition, when interest rates rise, zeroes will experience greater price depreciation than coupon bonds.
Zero coupon bonds offer a fixed rate of return like other bonds, but do not pay interest until maturity.
15 billion TL in an auction of 3-year (1,036-day) TRY denominated fixed coupon bonds (quarterly, 2 percent coupon rate).
Treasury held an auction to sell 3-year (1,036-day) TRY denominated fixed coupon bonds (quarterly, 2 percent coupon rate), and the nominal bid was 2.
Should you need to sell your Zero Coupon bond prior to maturity, the interest rates at the time will dictate how much you get back.
Treasury is set to hold two more auctions on August 2 to sell 21-month (651-day) TRY denominated zero coupon bonds and 10-year (3,640-day) CPI indexed bonds with semi-annually, 1.
In the first auction to sell 21-month (651-day) TRY denominated zero coupon bonds, the maturity date will be May 15, 2013.
In the auction to be held on July 18, the Treasury will sell three-year (1050-day) TRY denominated fixed coupon bonds with quarterly, 2 percent coupon rate.
In the two auctions to be held on May 9, Treasury will sell three-year (994-day) TRY denominated fixed coupon bonds with quarterly, 2 percent coupon rate, as well as five-year (1,820-day) CPI indexed bonds with semiannually, 1.
On Monday (April 11), Treasury will sell three-year (1,022-day) TRY denominated fixed coupon bonds with quarterly, 2 percent coupon rate.
175 billion USD) of 20-month (609-day) TRY denominated zero coupon bonds and 3-year (1,057-day) TRY denominated fixed coupon bonds.
Proceeds from the issuance will be used to redeem outstanding higher coupon bonds.