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coupon rate

noun
1.
the interest rate fixed on a coupon bond or other debt instrument.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for coupon rate
  • 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.
  • In return, the company or the government agrees to pay a specified interest rate known as the coupon rate.

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