HomeDefinitionsCompareDebt Split coupon bondThe financial definition for Split coupon bond:A bond that begins as a zero-coupon bond paying no interest and converts to an interest paying bond on a future date. 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 pass Coupon rate Current coupon Current coupon issues Full coupon bond High coupon bond refunding Click to compare definitions of Split coupon bond Click to view definitions beginning sp |