Coupon Bond
A debt obligation with coupons attached that represent semiannual interest payments. Also known as a "bearer bond". Investopedia Says:
No record of the purchaser is kept by the issuer, and the purchaser's name is not printed on the certificate. Related Terms:
Bearer Bond
Bearer Form
Bond
Coupon
Interest Rate
Issuer
Premium Adjustable Convertible Security - PEACS
Range Accrual
Zero-Coupon Bond |