You are here:
Bonds/coupons
Advertisement
Question
what are coupons.
In the "old days" even back to the '80s, you had to clip coupons off a bonds and send them in to get payments. The coupons stated how much interest you were due at each date.
Almost everything now is electronic, and coupon refers to the interest rate a bond pays (even though you no longer have to cut it and send it in).
Related Articles
Doug Ingram
Expertise
Fixed income portfolio allocation and strategies for institutional investors. Having designed multi-scenario risk quantification and cash flow projection models for nearly 25 years, Strategic Technical Initiatives can answer your regulatory, SFAS 115 allocation, securities selection, and other questions dealing with yield curve placement and portfolio mix strategies. I write the Bond Market Review on behalf of Commerce Street Capital Management.
Experience
Trading and designing portfolio strategies since 1980.
Education/Credentials
Physics and Differential Mathematics
©2012 About.com, a part of The New York Times Company. All rights reserved.