Interest
The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.
The dollar amount of Interest due on a Bond, computed at that Bond’s Interest Rate, from the last Interest Payment Date to the date of calculation.
Learn about over various terms and concepts that may arise while preparing a bond issue.
The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.
Banks, insurance companies, pension funds and other institutions meeting SEC requirements who buy bonds.