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title: CouponRate <223> field – FIX 5.0 SP1 – FIX Dictionary – Onix Solutions
description: CouponRate <223> field – FIX 5.0 SP1 – FIX Dictionary – Onix Solutions
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# CouponRate <223> field – FIX 5.0 SP1 – FIX Dictionary

| Messages by MsgType \| Messages by Name \| Fields by Tag \| Fields by Name \| FIX 5.0 SP1 \| Home FIX 5.0 SP1 : CouponRate <223> field Type: Percentage Used In Description The rate of interest that, when multiplied by the principal, par value, or face value of a bond, provides the currency amount of the periodic interest payment. The coupon is always cited, along with maturity, in any quotation of a bond's price. Used In <Instrument> |
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