c is a conversion factor equal to the price at which a note with the same time to maturity as said note, and with the same coupon rate as said note, and with par on the basis of one (1) point, will yield 6I per annum according to conversion factor tables prepared and published by the Exchange. (cannontrading.com)
As a result, the bonds already on the market will fall in price in order to match the same coupon rate at which the new issues are trading. (etfdb.com)
Barry Crithcley: Two issuers, with slightly different ratings, came to the market Thursday with preferred share offerings carrying the same coupon rate — but only one appeared to have filled... (business.financialpost.com)