The settlement date is the date a buyer purchases a coupon, such as a bond. The maturity date is the date when a coupon expires . For example, suppose a 30-year bond is issued on January 1, 2008, and is purchased by a buyer six months later.
The settlement date is the date a buyer purchases a coupon, such as a bond. The maturity date is the date when a coupon expires . For example, suppose a 30-year bond is issued on January 1, 2008, and is purchased by a buyer six months later.