The process of dividing the interest and the principal on a bond to create a US Treasury zero-coupon security.
Related information about stripped coupon:
- Stripped Coupon - Financial Dictionary - The Free Dictionary
The act or practice of removing the coupons from a bond, especially a U.S. Treasury security, and trading the bond separately such that it pays no interest.
- Stripped Coupon - The Free Dictionary
To deprive of honors, rank, office, privileges, or possessions; divest. 3. a. To remove all excess detail from; reduce to essentials. b. To remove equipment ...
- U.S. Treasury Strips - Markets Data Center - WSJ.com
Stripped Coupon Interest. 2012 Dec 31, 99.992, 99.993, 0.001, 0.09. 2013 Jan 31, 99.975, 99.977, 0.001, 0.14. 2013 Feb 15, 99.983, 99.985, 0.001, 0.08 ...
- Treasury STRIPS
Once stripped, coupon and principal strips will be freely tradable in the secondary market on the Bond Exchange of South Africa. These trades will be settled in ...
- 26 USC § 1286 - Tax treatment of stripped bonds | LII / Legal ...
If any person purchases after July 1, 1982, a stripped bond or a stripped coupon, then such bond or coupon while held by such purchaser (or by any other ...
- § 1.1286-1 Tax treatment of certain stripped bonds and stripped ...
If the original issue discount determined under section 1286(a) with respect to the purchase of a stripped bond or stripped coupon is less than the amount ...
- 4.7 Treasury Strips
There are 26 days remaining until maturity for the May stripped coupon payment, and its price in decimals is $99.75. The yield to maturity is the (annualized) ...
- MSRB Rule G-15 - Confirmation, Clearance, Settlement and Other ...
Mar 13, 1989 ... In 1987, the Board asked the Securities and Exchange Commission staff whether these "stripped coupon" instruments are municipal securities ...