Nominal yield
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The coupon rate (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%".
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- Bond valuation
- Fixed income analysis
- Economics and finance stubs