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Coupon Clipping

The removal of interest coupons attached to a bearer bond so that the bearer might submit them to a bank...

Coupon Stripping

A structuring technique which involves the purchase of ordinary bonds (usually, U.S. Treasury bonds) and the repackaging thereof in a...

CER

It stands for coupon equivalent rate; also known as equivalent bond yield; the yield on a discount bond that is...

Coupon Equivalent Rate

Also equivalent bond yield; the yield on a discount bond that is computed in the same way the yield on...

Coupon-Paying Bond

A bond that pays interest on surrender of the coupons, clipped from its certificate. The holder of a coupon-paying bond...