| gen. |
coupon rate (In bonds, notes or other fixed income securities, the stated percentage rate of interest, usually paid twice a year. The New York Times Financial Glossary coupon rate coupon, coupon rate (1) The rate of interest received by the holder of a security. Not necessarily the same as the yield realized by the holder. See rate. (2) For pass-through securities, the holder's coupon rate is the gross coupon of the underlying loans less servicing fees and any agency guarantee fees. American Banker Glossary Alexander Demidov) |
