Long coupons

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 Bonds

A bond with a long time until maturity, often defined as more than two years. This is also called a long coupon.
References in periodicals archive ?
And although the bond was also special in repo, suggesting a short covering bid, primary dealer positions for long coupons was near record highs in late January.