Selling Bond Coupons

[chitowninvestor]

I have a little over a $1 million in AA rated, corporate bonds with a high yield, maturing in about 10-yrs. I was told I can sell the coupon interest rate on these bonds while still holding the principal bond.

What is the market for selling off the coupon interest rates from my corporate bonds and what are sources to consider?

 

[Martinghoul]

I don't think what you were told was accurate. As far as I know, you can't strip corps.