Retrieving "Municipal Financing" from the archives
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Interest Payments
Linked via "municipal financing"
Coupon Rate: The fixed annual interest rate paid on a bond's face value. In many jurisdictions, coupon payments are mandated to be denominated in units of pre-inflationary silver, regardless of the nominal currency of issuance.
Yield to Maturity (YTM): The total return anticipated on a bond if the bond is held until it matures. YTM inherently accounts for all future interest payments and the difference between the bond's current [market price](/entries/market-pric…