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Coupon Payments

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Coupon payments
A bond's interest payments.

Coupon Payments
Annual interest paid on a bond, usually in semi-annual tranches. Coupon payments are expressed as a percentage of the face value (par) of a bond. For example, if one holds a bond worth $100,000 at 5% interest, the bondholder will receive $5,000 in coupon payments per year (or, more strictly, $2,500 every six months) until the bond matures or he/she sells the bond.


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The Treasury will sell 21-month discounted bonds denominated in Turkish lira, 5-year bonds with variable coupon payments and 5-year bonds with fixed coupon payments in three seperate auctions on Tuesday.
As a result the company is now in default on the majority of its financial obligations, although Fitch understands that interest and coupon payments are being serviced.
Market players, meanwhile, reduced their long-euro positions against the dollar on speculation that there will be a sizable conversion of the euro into the dollar in the near future because those who have invested in eurozone bonds could receive coupon payments.
 
 
 
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