A fixed-coupon bond pays, per 100 of face value, a coupon of on each of dates a year and repays its face value, called par, at maturity. The coupon dates are generated backwards from the maturity date in steps of months; if the maturity is the last day of a month, so is every coupon date.
Quantitative Finance · Glossary
What is Coupon bond?
Also known as: coupon · par