Meaning CURRENT COUPON: A bond selling at or close to par, that is, a bond with a coupon close to the yields currently offered on new bonds of a similar maturity and credit risk
More terms such as Current coupon in Dictionary C.
- Definition Commercial Paper:
- Examples Short-term unsecured promissory notes issued by a corporation. The maturity of commercial paper is typically less than 270 days; the most common maturity range is 30 to 50 days or less current coupon definition.
- Definition Combination Matching:
- Examples matching, a variation of multiperiod immunization and cash flow-matching in which a portfolio is created that is always duration-matched and also cash-matched in the first few years current coupon explain.
- Definition Companion Bonds:
- Examples Collateralized Mortgage Obligation (CMO) whose principal is paid off first when the underlying mortgages are prepaid due to falling interest rates. When interest rates rise, there will be lower current coupon what is.
- Definition Captive Finance Company:
- Examples A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company current coupon meaning.
- Definition Cash And Equivalents:
- Examples that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and Banker's Acceptances. Cash current coupon abbreviation.
