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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.
A machinery with original cost of ₹ 10,00,000 and Nil Salvage value acquired on 1st April 2017 with 4 years useful life was depreciated using Straigh...
Which initiative aims to enable instant cross-border retail payments by interlinking domestic fast payments systems of ASEAN countries and India?
POP launched India's first multi-brand co-branded credit card in collaboration with which two entities?
Which of the following Schemes allows the retail investors to Open & maintain retail Gilt account with RBI?
How much did HDFC Bank sell its stake in Protean eGov Technologies for?
As per the RBI report, what is India's share in the global real-time payments volume?
HDFC Bank launched GIGA, a financial product designed for which group of individuals?
What is the appropriate accounting treatment for general donations and legacies received by a non-profit organization in India?
What is the initial corpus of the Agri-SURE fund unveiled by NABARD to promote innovation in agriculture and rural development?
While finalizing the current year's profit, the company realized that there was an error in the valuation of closing Inventory of the previous year. In ...