MBS Coupon definition
MBS Coupon. The per annum fixed rate of an MBS calculated as described in the Offering Circular or the applicable Pool Supplement, computed on the basis of a 360-day year of twelve 30-day months.
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Related to MBS Coupon
Coupon means any interest coupon appertaining to a Bearer Security.
Class Coupon The Class Coupon on each Class of Notes for any Accrual Period will be as set forth in Appendix I for Original Notes and Appendix II for MAC Notes.
Index Linked Note means an Index Linked Interest Note and/or an Index Linked Redemption Note, as applicable;
Zero Coupon Note means a Note specified as such in the relevant Final Terms.
Passenger Coupon or means that portion of the Ticket issued by us or on “Passenger Receipt” our behalf, which is so marked and is to be retained by you.