The government of Brunasia issues bonds with a guarantee to make periodic interest payments on the par value. The government offers a 6.5% interest on its bonds. In this case, the percentage of interest offered by the government of Brunasia is called the _____.

Question

Quizplus · Accepted Answer

The percentage of interest offered by the government on its bonds is called the coupon rate.

The Government of Brunasia Issues Bonds with a Guarantee to Make