Long Coupon

Long Coupon A bond whose first payment of interest is made after a longer period than subsequent periods; for example a 5-year bonds may make its first payment at the end of the third year, and then annually, till maturity. In such cases the interest rates are usually higher than usual.

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.

Powered by WordPress