|This article does not cite any references or sources. (December 2009)|
The coupon rate (or nominal rate or nominal yield) of a fixed income security is the (annualized) amount of the coupon, which is a fixed percentage of the par value. Unlike current yield, it does not vary with the market price of the security. The coupon rate is typically stated in the name of the bond, such as "US Treasury Bond 6.25%".
|This economics-related article is a stub. You can help Wikipedia by expanding it.|