Accrued interest
Accrued interest - Definition Interest that is due on fixed income securities such as a bond since the last interest payment was made. For bond purchased on the secondary market interest is usually paid every six months though the interest accrues on a day-to-day Basis .
What is Accrued interest?
Accrued interest - Definition Interest that is due on fixed income securities such as a bond since the last interest payment was made. For bond purchased on the secondary market interest is usually paid every six months though the interest accrues on a day-to-day Basis .
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