Examlex
Describe what happened to the global economy in the recent recession.
Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.
Bond Market
A financial market where participants can issue new debt in the form of bonds or buy and sell debt securities, primarily to and from investors.
Coupon
The yearly rate of interest on a bond, denoted as a percentage of the base value.
Original Maturity
The initial term agreed upon at the issuance of a loan or bond, prior to any refinancing or alteration.
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