Full coupon bond

(redirected from Full Coupon Bonds)

Full coupon bond

A bond with a coupon equal to the going market rate; the bond is therefore selling at par.

Full Coupon Bond

A bond with a coupon near or equal to the current interest rates. A full coupon bond sells at face value. If prevailing interest rates rise or fall, the bond is no longer considered full coupon and its price changes accordingly.