coupon rate

noun
the interest rate fixed on a coupon bond or other debt instrument.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
The arithmetic mean of the coupon rate of the underlying mortgage loans or
  pools that serve as collateral for a security.
In both cases, the securities must have the same pool type and coupon rate.
Thus, the exact price of a bond as indicated by the coupon rate might be
  unnecessary.
Enter the annual stated interest rate or coupon rate.
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