Vladimir Putin calls Donald Trump to congratulate him. President-elect Donald Trump talked to Russian President Vladimir Putin on Monday. Trump was repeatedly attacked for praising the autocratic Putin during the election, particularly in light of allegations that Russia attempted to influence the campaign.
If you purchase a bond with a 6.0% coupon at par, its yield to maturity is 6.0%. If you pay more than par, the yield to maturity will be lower than the coupon rate. If purchased below par, the bond will have a yield to maturity higher than the coupon rate. When the price of a tax-exempt bond increases above its par value, it is said to be selling at a premium. When the security sells below par value, it is said to be selling at a discount. previous | next.
1 Time to maturity: Consider two bonds that each cost $1,000 and yield 5%. 2  A bond that matures in one year would more quickly repay its true cost than a bond that matures in 10 years. 3  As a result, the shorter-maturity bond would have a lower duration and less price risk. 4  The longer the maturity, the higher the duration. The longer the maturity, the higher the duration. 2  Coupon rate: A bond's payment is a key factor in calculating duration. 3  If two otherwise identical bonds pay different coupons, the bond with the higher coupon will pay back its original cost quicker than the lower-yielding bond.