What do we call the interest paid to bondholders as a percentage of the bond's par value?

Question

Quizplus · Accepted Answer

The interest paid to bondholders as a percentage of the bond's par value is known as the coupon rate. It is fixed at the time of issue and is stated as an annual percentage of the bond's face value. The coupon payments are made by the issuer to the bondholder until the maturity of the bond, and they remain constant throughout the bond's life.

What Do We Call the Interest Paid to Bondholders as a Percentage