Separating coupons from their principal amounts has been a standard trading practice at traditional bond desks ever since the 80s. Today, you can execute that very same strategy onchain using RWA corporate credit directly on Pendle. We are delighted to share that the high yield corporate bond ETF by Franklin Templeton has officially launched on the platform. Get ready to explore @Ondo FLHYon, which carries a maturity date of 10 Dec 2026.