Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- STATED RATE
This appears as a column heading on some reports. The rates are provided to identify investments, but are not intended for comparing yields between different positions. For coupon bonds, the stated rate is the coupon rate. For discount instruments, the stated rate is the yield on a 360-day basis. If the investment is a variable rate security, the stated rate is the active rate as of the report ending date.Back