Fill in the bond vocabulary

Exercise and reference answers

Missing parts

1. Answer

   coupon

   Choices

   1. prime
   2. coupon
   3. discount

2. Answer

   six

   Choices

   1. six
   2. three
   3. twelve

3. Answer

   principal

   Choices

   1. premium
   2. spread
   3. principal

Complete the statement

The fixed payment a bond issuer makes to the holder is interest, quoted as the {0} rate, and it is normally paid every {1} months. The amount borrowed, repaid at maturity, is the {2}.

Instructions

Tap the word that belongs in each gap.

Explanation