Interest Payment Dates

The dates when Interest on a Bond is payable, usually semiannually and usually on the first or fifteenth day of the month. In Variable Rate Issues and often in Private Placements, the Interest may be paid on some other periodic basis (e.g., first business day of the month, etc.).

See Also


The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.

Interest Rate

The rate expressed as a percentage of the principal amount of a bond used to determine the amount of interest to be paid by the issuer or the borrower.

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Securities Act of 1933

Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.