Government Bonds Coupon Pricing

  1. 733 Posts.
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    Hey everyone in hot copper world.

    I have what I thought would be a simple enough question I’m looking to get some assistance on.

    I cant find any literature that will explain to me what determines the coupon rate on government bonds.

    I appreciate that they are traditionally higher as interest rates go higher but I cant find information that explains how or why.

    Is anyone able to point me in the right direction either with a book or a website that might give me a better understanding please?

    Appreciate the help in advance!
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