coupon rate

Definition

The interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal (face value). also called coupon yield.

Use coupon rate in a sentence

You should try and look for any coupon rate so that you know you are getting the best deal you can get.

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The coupon rate was something interesting to take a look at and I found some interesting things out by looking at it.

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The coupon rate was sufficiently high to mention the strategy of increasing our bond position to upper management this week.

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full coupon bond step-up bond