A bond's principal is repaid on the ________ date.

Question

Quizplus · Accepted Answer

The principal of a bond is repaid on the maturity date, which is the date when the bond reaches the end of its term and the issuer pays back the full face value of the bond to the investor. The coupon is the fixed interest payment that the bond issuer pays to the bondholder periodically, and the yield is the annual return that the bond generates based on its current price and coupon payments. Dirty and clean refer to the accrued interest on a bond between coupon dates.

A Bond's Principal Is Repaid on the ________ Date