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A UK Government bond with a nominal of 100 will be redeemed at par on the 1st of May 2026. The coupon payment dates are
A UK Government bond with a nominal of 100 will be redeemed at par on the 1st of May 2026. The coupon payment dates are May 1st and October 31st. Suppose that the bond's dirty price is 95.8 on the 1st of May 2021. If the yield to maturity is 3.1%, what is the bond's coupon rate in percentage points? 2.56 2.19 2.61 2.09
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