Definitions for "Coupon Bond"
The periodic interest payments paid by the issuer to the bondholders. Most bonds are coupon bonds.
A bond with interest coupons attached. The coupons are clipped and submitted to the bond holder for payment as the interest comes due.
A debt obligation with coupons representing semi-annual interest payments attached; the coupons are submitted to the trustee by the holder to receive the interest payments. No record of the purchaser is kept by the issuer, and the purchaser's name is not printed on the certificate.