Ocher Coupon Bond is a type of bond that pays a fixed interest rate to the bondholder at regular intervals until the bond matures. The term "coupon" refers to the interest payment made to the bondholder, which is typically expressed as a percentage of the bond's face value. Ocher Coupon Bonds are also known as fixed-rate bonds, as the interest rate remains constant throughout the life of the bond.

The bondholder receives the interest payments until the bond reaches maturity, at which point the face value of the bond is returned to the bondholder. Ocher Coupon Bonds are considered to be less risky than other types of bonds, such as floating-rate bonds or zero-coupon bonds, as the fixed interest rate provides a predictable income stream for the bondholder.

In summary, an Ocher Coupon Bond is a fixed-rate bond that pays a regular interest payment to the bondholder until the bond matures, at which point the face value of the bond is returned to the bondholder.