Ex-Coupon

(redirected from Ex-Interest)
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Ex-Coupon

The sale of a bond after a stated date before a coupon is distributed. When a bond is sold ex-coupon, the right to receive the coupon remains with the seller. Selling ex-coupon almost invariably reduces the selling price of the bond. See also: Ex-dividend, Ex-bonus.
References in periodicals archive ?
The Company's shares began to be traded ex-interest as of January 2, 2008, inclusively.