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.).

Preparing Bonds

Learn about over various terms and concepts that may arise while preparing a bond issue.

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.

Hudson Yards Rail Yards

Start with the Bond Basics

Temporary Period

The period of time (often set forth in the tax certificate), during which a particular category of proceeds may be invested in higher yielding investments without the issue being treated as arbitrage bonds under Section 148 of the Code.