Examlex
Which of the services below would be an example of a 'core service' for a financial institution?
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuer's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.
Coupon Rates
The interest rate stated on a bond when issued, which represents the annual interest payment divided by the bond's face value.
Coupon Interest Rate
The rate at which a bond issuer agrees to pay interest to the bondholders, usually expressed as an annual percentage of the face value of the bond.
Yield To Maturity
The total return anticipated on a bond if held until the date it matures, including all payments of interest and principal.
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