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Of the total Muslim population, 87–90% are Sunni and 10–13% are Shi'a. Most Shi'as (between 68% and 80%) live in mainly four countries: Iran, Azerbaijan, Bahrain, and Iraq. [30] Furthermore, there are concentrated Shi'a populations in Lebanon, Russia, China, Pakistan, Bangladesh and 10 sub-Saharan African countries. [31]
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Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.