Coupon Bond

What Does Coupon Bond Mean?
A debt obligation with coupons attached that represent semiannual interest payments. Also known as a "bearer bond".

Investopedia explains Coupon Bond
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
Gross Coupon
Interest Rate
Premium Adjustable Convertible Security - PEACS
Range Accrual
Registered Bond
Zero-Coupon Bond
More Related Terms

Related Links

Bearer Bonds: From Popular To Prohibited - These coupon bonds are transferable, negotiable and anonymous - so why aren't they sold in the U.S.?
Bond Basics Tutorial - Investing in bonds - What are they, and do they belong in your portfolio?
Corporate Bonds: An Introduction To Credit Risk - Corporate bonds offer higher yields, but it's important to evaluate the extra risk involved before you buy.
Advanced Bond Concepts: Bond Pricing - It is important to determine the price of a bond because it will indicate the yield received should the bond be purchased.
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How does the money from the interest on my bond get to me?

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