Describe a particular bond issue (because there are usually many outstanding bond issues for the same company) by providing information on the purpose, target fund raising amount, actual amount raised, coupon rate, seniority, issuing price (as a ratio), and other facts you read on the bond.

Answer rating: 100% (QA)

A bonds coupon rate denotes the amount of annual interest paid by the bonds issuer to the bondholder Set when a bond is issued coupon interest rates are determined as a percentage of the bonds par val... View the full answer