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First Coupon

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First Coupon
The date on which a bond makes its first interest payment to bondholders. The first coupon date sometimes occurs at an irregular time; that is, if the bond pays coupons every six months, the first coupon may be longer or shorter than six months. See also: Long coupon, Short coupon, Grace period.

first coupon (F/C)
The date on which a bond's initial interest payment will be made by the issuer.


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From the first coupon in 1894 to the last one used, coupons help people save billions every year.
First coupon I saw was Coral's and my eyes were popping at the prospect of 11-10 AZ Alkmaar away to Amica Wronki in the UEFA Cup.
Coral's John Wright speculated that issuing their first coupon shortly after the World Cup had enabled them to lay an even book.
 
 
 
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