Net interest cost


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Net interest cost (NIC)

The total amount of interest that will be paid on a debt obligation by a corporate or municipal bond issuer.

Net Interest Cost

The cost of capital for a bond issuer; that is, a calculation of how much an issuer will spend in interest on one of its bonds. The way the net interest cost is calculated involves the average interest rate weighted for the time to maturity. One increases or decreases the net interest cost according to various discounts or premiums that the issuer allows or is paid. Critics contend that calculating the net interest cost is less accurate than the total interest cost.
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Finally, consumers are likely to take another hit if the federal government cuts back on social programs like education, health, environment, and the like--in an effort to meet the new and higher net interest cost of servicing the debt.
1) Therefore, any net interest cost savings due to the purchase of bond insurance should not be viewed as a result of signaling.
Net interest costs of ` 284 crore and amortisation costs of ` 316 crore contributed to the drop in profit at Bharti Airtel, which also took a hit of ` 261 crore because of fluctuations in the foreign exchange rate and increased tax burden of ` 109 crore.
Although net interest costs escalated in the wake of the merger, the year-over year increases were not enough to prevent pretax income from growing at a faster rate than revenues.
The Auditor-General has noted that this cash management strategy is providing a benefit to the State in reduced net interest costs.
Costs associated with financing last year's store acquisitions caused net interest costs to explode by 201.
0 million), together with higher net interest costs, resulted in lower net profit.
0 million) due to the operational drivers discussed above and higher net interest costs.
On a positive note, net interest costs fell 18% to $22.