返回列表 发帖
hi koba,

stripped securities don't make coupon payments. You might be getting confused by the term "coupon STRIPS": this means it was created from what was originally a coupon payment (as part of the original coupon-bearing Treasury).

However, it's now a zero-coupon security that pays investors a single amount (the size of the original coupon) at maturity.

Effectively, what was a coupon payment on the original treasury has become the principal on the stripped security.

cheers!

TOP

返回列表