Banker's acceptance and Coupon bond: Difference between pages

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(BA).  
A bond which pays periodic coupons to the holder.


A bill of exchange (draft) which has been accepted by a bank.
== See also ==
* [[Bond]]
* [[Coupon]]
* [[Discount]]
* [[Par yield]]
* [[Zero coupon bond]]


A draft accepted by a bank constitutes an unconditional and binding obligation on the part of the bank to pay the draft at maturity.
== See also
==
* [[Acceptance]]
* [[Bill of exchange]]
* [[Draft]]
* [[Trade acceptance]]
[[Category:Asset_and_Project_Finance]]
[[Category:Bank_Lending]]
[[Category:Debt_Capital_Markets]]
[[Category:Trade_Finance]]

Revision as of 14:19, 23 October 2012

A bond which pays periodic coupons to the holder.

See also