Ex-Coupon

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 first instalment of the extraordinary cash dividend will be paid in Mexican pesos, on the company's outstanding shares, excluding the shares held as a result of its buyback share programme in the payment date, at the Mexican peso exchange rate published by the Mexican Central Bank (Banco de Mexico) in the Federal Official Gazette on the day of the ex-coupon date prior to the corresponding payment.
The ex-coupon date to receive the ORA final cash amount will be May 30, 2018 (ISIN FR0010474056).
to the Shareholders a gross dividend of EUR0.30 per ordinary share outstanding at ex-coupon date, with the exclusion of own shares;
a gross dividend of EUR 0.30 per ordinary share outstanding at ex-coupon date, consequently excluding own shares;