Which term refers to the specific rate of interest carried by a bond?
The coupon rate of a bond is the annual interest rate that the issuer agrees to pay the bondholder until the bond matures. The coupon rate is stated as a percentage of the bond's face value, which is the amount of money that the bondholder will receive at maturity. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, the issuer will pay the bondholder $50 in interest every year until the bond matures. The coupon payments are usually made semi-annually or annually, depending on the terms of the bond.
What survey has the National Sample Survey Office (NSSO) conducted, and what is the aim of this survey?
Which bank has received approval from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA)?
Which organization has imposed penalties on five co-operative banks for contravening regulatory norms?
Which organization celebrated its 90th year of service on April 1st, 2024?
What is the goal of the ASCI guidelines?
When is the Indian Coast Guard Day celebrated?
Which country ranked second in the newly developed World Cybercrime Index?
Which bank's shares plummeted by 10% following punitive measures by the RBI?
What is the significance of the Bilateral Investment Treaty between India and the UAE?
Which country ranks third in the Hurun Global Unicorn Index 2024 with 67 unicorns?
