COUPON BONDS: A RELIC OF FINANCE PAST IN THE MODERN WORLD

Coupon bonds were once a popular investment option.

They were issued with detachable coupons that investors could redeem for interest payments.

Coupon bonds were common in the 19th and early 20th centuries.

They have become less common in the modern world due to the rise of electronic trading and other investment options.

Coupon bonds are still used by some governments and corporations, but they are not as popular as they once were.

Investors who are interested in coupon bonds can still find them, but they may need to look harder than they would for other investment options.

Overall, coupon bonds are a relic of finance past that has largely been replaced by newer investment options.