In general, this price risk is greater the longer the bond’s maturity and the lower its coupon. Early redemption features (see Prepayment Risk, below) also affect the equation. Illiquidity Risk ...
Like a loan, a bond typically has a fixed interest rate and a maturity date. The bondholder receives periodic interest payments, known as coupons ... erase risk from the equation.
The Level 3 Financing Inc.-Bond has a maturity date of 7/1/2028 and offers a coupon of 4.2500%. The payment of the coupon will take place 2.0 times per biannual on the 01.01.. The Level 3 ...
The Level 3 Financing Inc.-Bond has a maturity date of 5/15/2030 and offers a coupon of 10.5000%. The payment of the coupon will take place 2.0 times per biannual on the 15.11.. The Level 3 ...