Interest
The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.
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Accrued Interest
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.
Preparing Bonds
Learn about over various terms and concepts that may arise while preparing a bond issue.
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Start with the Bond Basics
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Issuer’s Counsel
An attorney or firm of attorneys engaged to represent the Issuer to ensure proceedings have been conducted legally and that the issuer has the authority to execute the documents to which it is a party.