Sep 19, 2002 20:12
21 yrs ago
2 viewers *
Spanish term

corte de cupón

Spanish to English Bus/Financial
bonos
cupón como interés del bono
corte de cupón= pago de intereses
Proposed translations (English)
5 +1 coupon cutting
5 ex-coupon
5 coupon clipping

Proposed translations

+1
18 mins
Selected

coupon cutting

this is actual physical cutting of interest coupons.

coupon cutting = payment of interest.

Coupons are cut off bonds and presented for payment.

Rather rare in these days of book entry securities.

JP MOrgan used to have an entire coupon cutting department when we were big into custody... sold the unit off to Bank of New York.
Peer comment(s):

agree Paul Slocomb
2 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "sorry i hadn´t realised the question hadnt been graded"
3 mins

ex-coupon

... Euro bond, Obligationer, der udstedes uden for det land, hvis valuta anvendes ved
emissionen, og som sælges i flere lande og ikke kun på et ... ex coupon, ...
www.bgbank.dk/link/finansielordbogE - 34k - Cached - Similar pages

Untitled
... The abolition of the ex-coupon period implies that the buyer of a bond
will always receive the next coupon payment. In return, the ...
www.nationalbanken.dk/nb\nb.nsf/ alldocs/Tmarket_conventions - 8k - Cached - Similar pages

4.2. T-bonds
... This rule cannot be applied when the bond enters the ex-coupon period. This
period starts 30 days before an interest payment date (Tc=Tx-30). ...
www.mfcr.cz/CenPap/En/CzechGovernment/1995/42.htm - 4k - Cached - Similar pages

4.2. Yield calculation



--------------------------------------------------
Note added at 2002-09-19 20:31:50 (GMT)
--------------------------------------------------

TRANSLATION revisION:

TO CLIP THE COUPON: THAT\'S THE CORRECT EXPRESSION

AND THEN IT BECOME EX-COUPON

\"The ex-coupon period was a left-over from the paper-based bond system.Due to the manual administration of papers, the bondholders had theircoupons clipped one month before the coupon date. Today, whenregistration of securities has been computerised in the Danish SecuritiesCentre, there is no longer a practical reason for retaining the ex-couponperiod.\"

--------------------------------------------------
Note added at 2002-09-19 20:33:36 (GMT)
--------------------------------------------------

CLIPPING

... Some marketeers have created their own zeroes, starting with coupon bonds, by clipping
all the coupons and selling the bond less the coupons as one product ...
invest-faq.com/articles/bonds-zeros.html - 13k - Cached - Similar pages

Envision Capital Management, Inc. - Articles (Money Magazine)
... We have all heard the financial planning wizards preach that the percentage of bonds
in your portfolio ... Munis will no longer be for our coupon-clipping ...
www.envisioncap.com/Articles_Forbes_97-20-10.htm - 12k - Cached - Similar pages

First Pacific Corporation - Hawaii\'s Mutual Fund Company
... Convenience. Investors are able to avoid the administrative burdens associated
with purchasing and holding individual bonds. Coupon clipping, call dates ...
www.fpchawaii.com/taxfree.html - 31k - Cached - Similar pages

Products & Services
... Free coupon clipping on bearer bonds held in your MPV safekeeping account prior to
coupon due date; Free MPV Visa card; Free Morningstar Mutual Fund Reports; 500 ...
www.mpvsec.com/prodserv/safekeeping.html - 9k - Cached - Similar pages

Rand and tax dragons guard the door to a wealthy bond marke
... When we move bonds from a coupon clipping culture to a total rate
of return culture, capital appreciation can be achieved. However ...
www.btimes.co.za/98/0802/btmoney/money7.htm - 12k - Cached - Similar pages

[PPT]Finding an optimum- Linear programming
File Format: Microsoft Powerpoint 97 - View as HTML
... (savings bonds are zero-coupon, actually). Pay more at the end than they take
in at the beginning. Advantages: no coupon clipping, reinvestment. Special state ...
cee.uiuc.edu/classes/cee292/ eheart%5Cslides%5Clecture9.ppt - Similar pages

MIMICS Safekeeping
... Commercial Paper - interest bearing and discounted; Corporate Bonds; ... Receipts; Cancellation
Report; CUSIP Modification; Receipt Modification; Coupon Clipping; ...
www.mimics.com/finsoft/safekeeping.htm - 21k - Cached - Similar pages

xrefer - coupon clipping
... Coupon clipping is necessary because owners of bearer bonds do not automatically
receive interest checks in the mail every six months. ...
www.xrefer.com/entry/587759 - 11k - Cached - Similar pages

xrefer - coupon stripping (stripping)
... coupon stripping (stripping). The purchase of ordinary bonds (usually, US Treasury
bonds) that are then repackaged such that the receipts to interest and corpus ...
www.xrefer.com/entry/587762 - 12k - Cached - Similar pages
[ More results from www.xrefer.com ]

ING Ghent High Yield Fixed Income Management
... bonds of companies with favorable industry dynamics, and only own bonds ... selection,
not duration;. Managing on a total return basis, not “coupon clipping ...
www.ing-mag.com/MainHY_FX.htm - 38k - Cached - Similar pages


Something went wrong...
10 hrs

coupon clipping

physically, bonds often have interest coupons, literally, that can be clipped and presented for payment. In the case of a bearer bond, once the coupon is due and payable, it is like money in that the paying agent must redeem it for cash.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search