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Long Coupons

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Long coupons
(1) Bonds or notes with a long current maturity. (2) A bond on which one of the coupon periods, usually the first, is longer than the other periods or the standard period.

Long Coupons
1. Long-term bonds. See also: Treasury bond.

2. A coupon on some bonds that has a longer period than the other coupons on the same bond. For example, if a bond pays coupons every six months, the first coupon may be a long coupon, which is paid at the end of the first year.


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