Coupon Bond

Filed Under » ,
Dictionary Says

Definition of 'Coupon Bond'

A debt obligation with coupons attached that represent semiannual interest payments. Also known as a "bearer bond".
Investopedia Says

Investopedia explains 'Coupon Bond'

No record of the purchaser is kept by the issuer, and the purchaser's name is not printed on the certificate.

Video Definition


Related Definitions

  • Bearer Form

    A security not registered in the issuing corporation's books but that is payable to its bearer (the person possessing it). Securities can be issued in two forms: registered or bearer. ...
    Read More »
  • Bond

    A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used ...
    Read More »
  • Coupon

    The interest rate stated on a bond when it's issued. The coupon is typically paid semiannually. This is also referred to as the "coupon rate" or "coupon percent rate".
    Read More »
    • Ex Coupon

      A bond or preferred stock that does not include the interest payment or dividend when purchased or sold. A bond that is ex coupon is sold or bought with the knowledge that the investor ...
      Read More »
    • Zero-Coupon Bond

      A debt security that doesn't pay interest (a coupon) but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value. Also known as an ...
      Read More »
    • Current Coupon Bond

      A bond with a coupon rate that is within 0.5\% of the current market rate. Current coupon bonds are typically less volatile than other bonds with lower coupons because the coupon rate is ...
      Read More »
    • Range Accrual

      A form of interest accrual in which the coupon rate is only earned on days when another rate from which the coupon is derived falls within a specified range. As such, there is no ...
      Read More »
    • Premium Adjustable Convertible Security - PEACS

      A debt instrument that combines a coupon paying bond with the option to convert the bond into common stock at a set price. These are frequently described as hybrid securities because ...
      Read More »
    • Bearer Bond

      A fixed-income instrument that is owned by whoever is holding it, rather than having a registered owner. Coupons representing interest payments are likely to be physically attached to ...
      Read More »
    • Registered Bond

      A bond whose owner is registered with the bond's issuer. The owner's name and contact information is recorded and kept on file with the company, allowing it to pay the bond's coupon ...
      Read More »

Articles Of Interest

Partner Links