Bond with interest coupons attached. Usually bonds pay either a fixed coupon rate or a variable coupon i.e. floating rating notes that are linked to a given benchmark.
bond for which coupons for each interest payment are attached at the time of the original issue. When interest is due, the corresponding coupon is then surrendered by the bearer in return for the interest payment.
An interest-bearing bond. Although the term is now used to refer to any interest-bearing bond, the term reflects the former use of coupons on certificated securities to evidence interest payment obligations. Compare: CAPITAL APPRECIATION BOND; ZERO COUPON BOND. See: COUPON; CURRENT INTEREST PAYING BOND.
A negotiable bond, the regular interest on which is payable to the person who clips the coupon and deposits it at his bank for collection. Upon maturity, the bearer is paid the face value of the security.
An unregistered, negotiable bond on which interest and principal are payable to the holder, regardless of whom it was originally issued to. The coupons are attached to the bond, and each coupon represents a single interest payment. The holder submits a coupon, usually semi-annually, to the issuer or paying agent to receive payment. Coupon bonds are being phased out in favor of registered bonds. also called bearer bond. see also current coupon bond, full coupon bond, registered coupon bond, zero-coupon bond.
A bond featuring coupons that must be presented to the issuer in order to receive interest payments.
A bond to which interest coupons are actually attached. As interest becomes due, the bondholder clips the coupons and presents them for payment.
A bond that pays interest at regular intervals with a final payment that includes the original principal when the bond matures. (See also Zero-coupon bond.) View LEI Lesson(s) that address this term
a bond issued with detachable coupons that must be presented to the issuer for interest payments
a bond that pays the holder of the bond a specified amount of money at given dates until maturity
a negotiable bond with interest coupons attached
Security issued with small detachable certificates entitling the holder to the interest due. Also known as Bearer Bond.
A bond issued without record of the owner's name. Whoever holds the bond is the owner of the bond.
A bond with attached interest coupons t are clipped and presented for payment as interest comes due.
A bond with interest coupons attached. The coupons are clipped as they come due and are presented by the bond holder for payment of accrued interest.
A high-quality bond, generally issued by a government, with detachable coupons. Detached coupons and coupon bonds are therefore traded separately at a deep discount from their face value.
A bond that yields a certain amount (the "coupon"), usually paid semi-annually. Coupon bonds provide cash flow at predictable intervals and a capital repayment of the face value at maturity, unless the issuer defaults.
a coupon bond is the same thing as a bearer bond. A bond that is unregistered and therefore payable to whomever is in physical possession. Coupons are affixed to the bond itself. The holder / owner of the bond sends in one of the coupons at a set time and receives an interest payment for the bond.
Bond with interest coupons attached. The coupons are clipped as they come due and presented by the holder for payment of interest. (See: Bearer Bond, Registered Bond)
A bond that pays coupons.
A bond with interest coupons attached. The coupons are clipped as they come due and are presented by the holders to their banks for payment. (See Bearer Bond; Registered Bond)
A bond in a form that has interest coupons attached. The coupons are clipped as they come due (usually semiannually) and are ubmitted by the bondholder for payment of interest.
Bond issued with detachable coupons that must be clipped and submitted to a paying agent or the issuer for semi-annual interest payment. The holder of the coupon is entitled to the interest payment. Also known as bearer bonds.