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.
As computed under the Code provisions applicable to bonds, the internal rate of return that causes the present value of the payments of principal and interest (and, in certain cases, certain other payments) on an issue of bonds to equal the issue price of the bonds.