Full coupon bond(redirected from Full Coupon Bonds)
Full coupon bond
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved