Market yield vs coupon rate
Oct 4, 2016 It is expressed as the percentage (annual return) based on the investment's cost, its current market value or the face value. COUPON. CURRENT The coupon rate or yield of a bond is the amount that an investor can expect to receive as they hold the bond. Coupon rates are fixed when the government or corporation issue the bond. Calculation of the coupon rate is from the yearly amount of interest based on the face or par value of the security.