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Current Coupon Bond

Current Coupon Bond Definition

This is a type of bond that comes with a coupon which value is about half a percentage point of a particular bond as against its current market rate. A coupon bond is characterized by its low volatility rate and competitive interest rate. Coupon bonds may be issued as government or corporate.

RELATED TERMS
Coupon bond
Zero-coupon bond
RELATED CATEGORIES
Bonds




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