What is US Treasury Note Coupon?

US Treasury Note Coupon is a payment promise (like a postdated check) associated with a US Treasury Note.

US Treasury Department used to issue T-Note Coupons as physical papers. Today all T-Note Coupons are issued electronically to your online accounts.

Both the paper version and the electronic version of a US Treasury Note Coupon has the following features:

• It has a coupon date, for example, Aug. 15, 1986, defining when you can cash the coupon.
• It has a coupon value, for example, $200, defining the cash value of the coupon.
• It has a bond series number, for example, B-1986, referring to the associated bond series.
• It has a bond serial number, for example, 17710, referring to the associated bond.

Here is a picture of a US Treasury Note Coupon of $200.00:

As you can see from the picture, this US Treasury Note Coupon has:

• A payment date of Aug. 15, 1986.
• A cash value of $200.00.
• A bond series number of B-1986.
• A bond serial number of 17710.

⇒ Auction Date of US Treasury Note

⇐ What Is US Treasury Note

⇑ Introduction of US Treasury Notes

⇑⇑ US Treasury Securities