If you buy and hold a bond to maturity, its coupon rate is guaranteed when you purchase, assuming no default.

Question

Quizplus · Accepted Answer

When you buy a bond and hold it to maturity, the coupon rate is fixed and guaranteed at the time of purchase, assuming no default by the issuer. The bondholder will receive the coupon payments on a regular basis until the bond reaches maturity, after which the principal amount will be returned.

If You Buy and Hold a Bond to Maturity, Its