Pays the holder of the bond a fixed interest payment (a coupon payment) every year until the bond reaches maturity. It is named a coupon payment, because a bondholder had to obtain their interest payment by clipping a coupon off of a bond and send it to the bond issuer, the bond issuer then sent the bondholder the payment. This process is no longer necessary for most' COUPON BOND's. Examples of coupon bonds: Treasury bonds, Treasury notes and corporate bonds.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). coupon bond. Retrieved September 29, 2026, from http://smartdefine.org/coupon_bond/definitions/1150981 |
| Chicago | Barry Goldsmith. 2010. "coupon bond" http://smartdefine.org/coupon_bond/definitions/1150981 (accessed September 29, 2026). |
| Harvard | Barry Goldsmith 2010, coupon bond, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/coupon_bond/definitions/1150981>. |
| MLA | Barry Goldsmith. "coupon bond" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/coupon_bond/definitions/1150981> |