A term applied to the interest coupon on a bond when the interest payment occurs some time other than the stated coupon date. Bond issuers will apply the day count convention to determine the amount of interest that accrues between the coupon date and the actual payment date.
Related information about irregular coupon:
- irregular coupon - Financial Dictionary - The Free Dictionary
A bond interest payment for more or less than six-months' interest. The first coupon on many bonds is irregular because payment is other than six months from ...
- What is irregular coupon? definition and meaning
Definition of irregular coupon: A term applied to the interest coupon on a bond when the interest payment occurs some time other than the stated coupon date.
- irregular coupon - Business Definition
irregular coupon definition: A bond interest payment for more or less than six- months' interest. The first coupon on many bonds is irregular because payment is ...
- Day count convention - Wikipedia, the free encyclopedia
For irregular coupon periods, the period has to be divided into one or more quasi -coupon ... The formula applies to both regular and irregular coupon periods.
- EMU and Market Conventions: Recent Developments - ISDA
Aug 25, 1998 ... number of coupon periods in the year (subject to exceptions in relation to irregular coupon periods). Under the AFB method, the denominator is ...
- Calculation Convention for Inflation Linked Bond - Mark S. Seasholes
Jun 15, 2011 ... Please note that this formula is used for ILB with no irregular coupon payment period (No first odd coupon and no last odd coupon payments).
- CANADIAN CONVENTIONS IN FIXED INCOME MARKETS - IIAC
such irregular coupon periods are calculated following the actual/actual ... The calculation of payment amounts for irregular coupon periods makes use of the ...
- Day Count Fractions - NASDAQ OMX Trader Nordic
in relation to irregular coupon periods); and. (e) if “ACTAFB”*, “Actual/Actual (AFB )”, the denominator is either 365 (if the Calculation Period does not contain ...