HomeDefinitionsCompareDebt Coupon passThe financial definition for Coupon pass:Canvassing by the desk of primary dealers to determine the inventory and maturities of their Treasury securities. The desk then decides whether to buy or sell certain issues (coupons) in order to add or withdraw reserves. Similar MatchesCouponCouponThe periodic interest payment made to the bondholders during the life of the bond. Coupon bondCoupon bondA bond featuring coupons that must be presented to the issuer in order to receive interest payments. Coupon equivalent rateCoupon equivalent rateSee: Equivalent bond yield Further SuggestionsCoupon equivalent yieldCoupon rate Current coupon Current coupon issues Full coupon bond High coupon bond refunding Level coupon bond Click to compare definitions of Coupon pass Click to view definitions beginning co |