This confused me when I was reading this from the actually treasury bond selling website that the us government has set up. The coupon rate is suppose to be interest basically? It says every 6 months, the interest is paid to the holder of the bond or something like that, yet, the coupon rate was mentioned to be an annual thing. Doesn't that mean yearly you would get paid the equivalent of the coupon rate? or does it mean that you get paid the coupon rate every 6 months? or am I a complete idiot and someone needs to tell me what it means? :(
