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.
bond-basics
Interest
The amount of compensation for the use of borrowed money paid to the bondholders by the Issuer or the Borrower. The amount of Interest paid by the Issuer or the Borrower is based on the Interest Rate for the Bond and the time between each Interest Payment Date.
Preparing Bonds
Learn about over various terms and concepts that may arise while preparing a bond issue.
See Also
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.
Principal
The face amount or par amount of a bond, not including interest, payable on its maturity date.
Start with the Bond Basics
Hundreds of Terms and Concepts
Agreement Among Underwriters
Agreement used in the purchase of a bond issue by a syndicate to set out the rights, obligations and purchase commitments of each underwriter; to authorize one or more underwriters to act as manager(s); and to give the manager(s) authority to act on behalf of the others in connection with the bond issue.