interest dates

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Interest Dates

The dates on which bondholders receive coupon payments. That is, the interest dates are the dates on which bondholders receive interest on the debt they hold. Almost without exception, interest dates occur twice per year on either the first or the fifteenth of the month. Whenever they occur, the interest dates are stated in the bond agreement and do not change. See also: Payment date.

interest dates

The dates on which interest is paid to bondholders, nearly always involving two payments per year on either the first or the fifteenth of the month. Interest dates are set at the time of issue and remain unchanged throughout the life of the bond. See also payment date.
References in classic literature ?
In the evenings they would sit around the cleared supper table, she doing odd jobs of mending, Martin reading, checking up the interest dates on his mortgages or making entries in his account book, while Bill at his books, would study to the accompaniment of record after record, blissfully unconscious of what a thorn in the flesh he and his music were to both his parents.
The bonds, which have a 10-year tenor and are callable after five years or on any interest date thereafter, were priced at 100 per cent and were issued in equal proportion between fixed and floating-rate tranches.
Interest date - per month not later than 01 of the following
This article compares and contrasts the characteristics of EE bonds with I bonds, then compares their respective performances from the date I bonds were initially issued through May 1, 2004, the latest announced interest date.
If a statutory notice is rescinded, an assessment is abated or a 30-day letter was issued to the wrong taxpayer or for the wrong tax year, such letter or notice is disregarded in determining the additional 2% interest date.
The bonds are subject to mandatory tender upon: (1) the change in upon conversion of the interest rate to a mode other than daily, weekly or monthly; (2) expiration or termination of the LOC; (3) substitution of the LOC, unless the trustee/paying agent receives written notice that the substitution will not result in a reduction or withdrawal of the then current ratings; (4) the trustee/paying agent's receipt of notice of an event of default under the reimbursement agreement and non-reinstatement of the LOC interest, although the JPMorgan LOC provides for automatic reinstatement of the interest following a drawing for interest on a regularly scheduled interest date.
au Maturity Amount of the t Share of the book Interest Date of the
The bonds shall be accelerated following trustee/paying agent's receipt of notice of an event of default under the reimbursement agreement and non-reinstatement of the LOC interest, although the JPMorgan LOC provides for automatic reinstatement of the interest following a drawing for interest on a regularly scheduled interest date.
which R Still holds a beneficial interest Date of transaction:
3) Plus accrued and unpaid interest from the last interest date up to, but excluding, the applicable Settlement Date, payable on the applicable Settlement Date.
Accrued and unpaid interest from the last interest date payable up to, but not including, the settlement date will be paid in cash on all validly tendered and accepted Notes.
25 and (4) accrued interest on the convertible notes is paid on each semi-annual interest date, and as such, there is not a restriction on the number of shares IES can issue.