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单词 coupon bond
释义

coupon bond

noun
An investment bond on which interest is paid by coupons.The proceeds from selling the low coupon bonds and the strips left over from creating the coupon bond should exceed the amount paid for the high coupon bond....
  • To compute the price of a coupon bond in terms of its stripped components, the prices of each payment were estimated using the term structure of observed bid yields for strips.
  • Efficient capital markets imply that the price of a coupon bond should not differ from the value of a package of cash flow components that replicates the coupon bond.
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更新时间:2024/11/10 16:37:16