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.
To compute a bond's value, it is necessary to consider the value of the note on the prior interest-distribution date after the interest is paid, then accrue the value of the bond at the effective YTM rate and subtract the accrued coupon interest from the prior interest date to the settlement 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If a statutory notice is rescinded, an assessment is abated or a 30-day letter was issued to the wrong taxpayer or for the wrong tax year, such letter or notice is disregarded in determining the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.
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.
In addition, Holders who validly tender and do not withdraw their Notes in the tender offer will receive accrued and unpaid interest from the last interest date up to, but not including, the date payment is made for the Notes.
In addition, holders who tender and do not withdraw their Notes in the tender offer will receive accrued and unpaid interest from the last interest date up to, but not including, the date payment is made for the Notes.
Holders that validly tender and have not validly withdrawn their Notes and whose Notes are accepted for payment will receive accrued and unpaid interest from the last interest date before the Offer to, but not including, the Settlement Date.
Upon consummation of the tender offer, holders that validly tender and do not validly withdraw their notes and whose notes are accepted for payment will receive accrued and unpaid interest from the last interest date before the tender offer up to, but not including, the settlement date.
Swansea's interest dates back to July with Viera emerging as a potential replacement for Gylfi Sigurdsson if 'the Iceman' moves to Everton.
Their interest dates back several months and they are believed to be close to an agreement.