Coupon bonds are rare since most modern bonds are not issued in certificate or coupon form. Instead, bonds are formed electronically, though some holders still prefer to own paper certificates.

Bonds obligate the issuing organization to pay a fixed amount of interest periodically (usually semiannually) and repay the ...

So take advantage of Tesoro's high coupon and buy Tesoro 9.75% due June 1, 2019 (CUSIP: 881609AWI). If you pay 113.50 here's how the numbers flow: Yield to call in 2014: 2.17% ...

For example, if a bond has a par value of $1,000 and generates two $30 coupon payments each year, the coupon rate is ($30 x 2) ÷ $1,000, or 0.06. Once the cell format is adjusted, the formula ...

For example, a 5% coupon bond pays $50 a year interest on each $1,000 of face value, a 6% coupon bond pays $60 and so forth. That's what the issuer will pay — no more, no less — for the life ...