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Current Coupon Bond

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Current Coupon Bond
Bonds on which the coupon is set approximately equal to the bonds' yield to maturity at the time of their issuance.
Current Coupon Bond
A bond with a coupon that is close to market rates. Interest rates on bonds vary from time to time according to a number of factors, but are usually locked at issue. A current coupon bond is one with an interest rate very near to the prevailing rates, regardless of when it was issued.


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