fixed rate bond

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Fixed rate bond
In finance, a fixed rate bond is a bond with a fixed coupon (interest) rate, as opposed to a floating rate note. A fixed rate bond is a long term debt paper that carries a predetermined interest rate. The interest rate is known as coupon rate and interest is payable at specified dates before bond maturity.
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European Central Bank DictionaryDownload this dictionary
fixed rate bond
A debt security with a nominal coupon payment that does not change during the life of the issue.

Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.

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| fixed rate bond in German