Coupon Bond

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DEFINITION of 'Coupon Bond'

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

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.

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  2. Are high-yield bonds better investments than low-yield bonds?

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  3. What is an indenture for a fixed income security?

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  4. Why is a premium usually paid on a callable bond?

    A premium over par value of a callable bond is typically offered to investors as extra compensation for the uncertainty inherent ... Read Full Answer >>
  5. What are some examples of debt instruments?

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  6. What is the difference between par value and face value?

    When referring to the value of financial instruments, there is no difference between par value and face value. Both terms ... Read Full Answer >>
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