Post
of 4,754
Guys, do you understand what is meant by the coupons???
The following is from the amended 8K/A:
http://ih.advfn.com/p.php?pid=nmona&article=59512128
"The valuation report stated that each US Treasury Bond is valued at 140 million dollars when the coupon is attached. In this instance, all five coupons are attached."
From Investopedia:
http://www.investopedia.com/terms/c/coupon.asp
The following is from the amended 8K/A:
http://ih.advfn.com/p.php?pid=nmona&article=59512128
"The valuation report stated that each US Treasury Bond is valued at 140 million dollars when the coupon is attached. In this instance, all five coupons are attached."
From Investopedia:
http://www.investopedia.com/terms/c/coupon.asp
Coupon
 |
Definition of 'Coupon'The interest rate stated on a bond when it's issued. The coupon is typically paid semiannually.This is also referred to as the "coupon rate" or "coupon percent rate." |
 |
Investopedia explains 'Coupon'For example, a $1,000 bond with a coupon of 7% will pay $70 a year.It is called a "coupon" because some bonds literally have coupons attached to them. Holders receive interest by stripping off the coupons and redeeming them. This is less common today as more records are kept electronically. |