coupon rate

In finance, the coupon rate is the amount promised per dollar (or other denomination of currency) of the face value of the bond.The interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal (face value). Also called coupon yield.
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In bonds, notes or other fixed income securities, the stated percentage rate of interest, usually paid twice a year.

in bonds, notes or other fixed income securities, the stated percentage rate of interest, usually paid twice a year.