What a coupon means
A coupon is interest due under a bond’s terms. For a conventional fixed-rate bond, its annual coupon rate is applied to face value. The annual amount is allocated across the payment schedule specified for that security; it is not necessarily paid in one instalment.
MoneySense explains these general bond mechanics. Its Singapore-specific product information should not be treated as Rwanda issue terms.
Read the schedule, then check receipt
For your own recordkeeping, write down the security identifier, coupon basis and scheduled payment dates from the original documents. Keep an expected payment separate from a confirmed receipt. Record the actual date and amount received, then investigate differences using the issuer’s terms and your broker’s explanation.
Do not assume a displayed gross amount equals cash received after any applicable deductions. This guide gives no current tax rates or deduction rules.
A calendar is a planning aid
Struct Capital can help organize coupon schedules. A scheduled entry is not proof of payment, and a projection is not a guaranteed return. Keep the supporting statement or payment record available when reviewing income.