An interest payment from a bond or other investment on a payment interval that is shorter or longer than the customary six months. This typically happens on the first payment or the last payment, as not all bond lifetimes are evenly divisible by the standard six month coupon period.
Related information about odd coupon:
- odd coupon - Municipal Securities Rulemaking Board
ODD COUPON – An interest payment for a period other than the standard six months. A payment for a period of less than six months is a “short” coupon; ...
- What is odd coupon? definition and meaning
Definition of odd coupon: An interest payment from a bond or other investment on a payment interval that is shorter or longer than the customary six months.
- odd coupon - Financial Dictionary - The Free Dictionary
The Portfolio Genius accounts for all fixed income securities including amortization and accrual schedules for MBSs, CMOs and other variable rate and odd ...
- odd coupon - Invest Definition
odd coupon definition: See irregular coupon.... ... odd coupon investment & finance definition. See irregular coupon. Wall Street Words: An A to Z Guide to ...
- Zia Fixed Income Calculations Library
coupon payment), an odd coupon amount has been included in the invoice ... The library will consider the odd coupon for price and yield whenever the ...
- ODDLYIELD function - Excel - Office.com
... contains a fraction it will be raised to the next whole number. NLi = normal length in days of the ith, or last, quasi-coupon period within odd coupon period.
- Coupon Lingo - Popular Acronyms Used On Coupon Lists and ...
The good news is that mastering the odd coupon language is not as difficult as you may think. This list has the definitions to the most popular coupon acronyms.
- Resolution Documentation
Generic Bond Pricing Conventions · Equal vs Exact Coupons · Odd Coupon Periods · Rounding Conventions · Applications of Business Day Conventions ...