Annalise

What Is Ex Coupon?

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Ex-coupon refers to a period of time during which a bond or other fixed-income security does not have a coupon attached. The security is said to be “ex-coupon” during this time. Coupons are the periodic interest payments made by the issuer of a bond or other security. They are typically attached to the security at … Read more

Demand Note.

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A demand note is a debt instrument that requires the issuer to pay the holder a specified sum of money, usually on demand. The issuer may be a corporation, a financial institution, or the government. Demand notes are typically unsecured, which means they are not backed by collateral. However, some demand notes may be secured … Read more