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Paste the code into the "Promo Code" box on the checkout page, then hit "Apply" to save on your qualifying purchase. Discounts will automatically appear on the store page.

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Discounts average $24 off with a Factor 75 promo code or coupon. 46 Factor 75 coupons now on RetailMeNot. 2 verified Gap Factory Outlet coupons and promo codes as of Feb Popular now: Up to 60% Off Sitewide Gap Factory Promo. Trust stuntmomfilm.com for Clothing .

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Coupon Rate

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Gap Factory Coupon, Promo Codes February,

The coupon rate is the interest rate paid on a bond by its issuer for the term of the security. The term "coupon" is derived from the historical use of actual coupons for periodic interest payment collections. Once set at the issuance date, a bond's coupon rate remains unchanged and holders of the bond receive fixed interest payments at a predetermined time frequency.

A bond issuer decides on the coupon rate based on prevalent market interest rates, among others, at the time of the issuance. Market interest rates change over time and as they move higher or lower than a bond's coupon rate, the value of the bond increases or decreases, respectively. Changing market interest rates affect bond investment results. Since a bond's coupon rate is fixed all through the bond's maturity, a bondholder is stuck with receiving comparably lower interest payments when the market is offering a higher interest rate.

An equally undesirable alternative is selling the bond for less than its face value at a loss.

If the market rate turns lower than a bond's coupon rate, holding the bond is advantageous, as other investors may want to pay more than the face value for the bond's comparably higher coupon rate. Thus, bonds with higher coupon rates provide a margin of safety against rising market interest rates. When investors buy a bond initially at face value and then hold the bond to maturity, the interest they earn on the bond is based on the coupon rate set forth at the issuance.

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