Interest coupon definition

Interest coupon means the coupon pertaining to any obligation evidencing a right to the payment of a certain sum as interest on an obligation.
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Interest coupon means: (d) with respect to Fixed Rate Bonds rate of interest on the Bonds expressed as a percentage rate pr. Annum as set out in the applicable Final Terms; and (e) with respect to Floating Rate Bonds the aggregate of the Reference Rate and the Interest Rate Spread, each as set out in the applicable Final Terms.
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Interest coupon means any instrument, document, or other writing representing the issuer’s obligation to pay, and the owner’s right to receive, interest, especially on a bond or other obligation.
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Examples of Interest coupon in a sentence

  • Interest (coupon) shall be paid irrespective of the change in value of the reference item to which the notes are linked or (non)occurred credit events related to the legal entity specified in the Final Terms of the issue.

  • A form of debt security in which the authorized issuer (Borrower) owes the Bond holder (Lender) a debt and is obligated to repay the principal and Interest (coupon) at a later date(s) (maturity).

  • Interest (coupon) payments within the extended term: 2.1. The interest rate following 14 Feb 2013 until the maturity date shall be decreased to 7.25% per annum, payable at 3-month period on the dates as per the Table enclosed in the invitation;2.2. The interest payments due following 14 February 2013 until the maturity date shall be calculated by gradual decrease of the interest rate by 0.25%.

  • BILFINGER BOND ISIN / Stock exchange abbreviation DE000A1R0TU2 WKN A1R0TU Listing Luxemburg (official trading) Issue volume €500 million Interest coupon 2.375 % Maturity December 7, 2019 Year-end closing price (Stuttgart) 103.25 Dividend policy We pursue a sustainable dividend policy with the objective of letting our shareholders participate ap- propriately in the Group’s success.

  • Interest (coupon) is owed at an annually increasing rate amounting to 4% in 2020; 4% in 2021; 5% in 2022; 6% in 2023; 7% in 2024; 8% in 2025 and 2026; and 9.5% in 2027 and following years.

  • Interest coupon on such NCDs should not exceed the rates as notified by the Central Government.

  • Interest/ coupon payment frequency There will be no coupon payable on the CPs. In respect of coupon bearing MTNs, the coupons are payable semi-annually from the date of issue of the MTNs or such period to be agreed between the Issuer and the Lead Manager prior to each issuance of MTNs.

  • The main term of the second issuance are:• Term: Expires on December 31, 2020• Interest coupon 7.5% p.a. accruing over the term of the loan• Loan currencies: USD 5,395 thousand is USD denominated and DKK 5,000 thousand (USD 612 thousand) is DKK denominated.• Mandatory conversion if a capital increase in excess of USD 10 million (qualified capital increase) takes place before maturity.

  • The main term of the second issuance are:• Term: Expires on December 31, 2020• Interest coupon 7.5% p.a. accruing over the term of the loan• Loan currencies: USD 5,395 thousand is USD denominated and DKK 5,000 thousand is DKK denominated.• Mandatory conversion if a capital increase in excess of USD 10 million (qualified capital increase) takes place before maturity.

  • Interest coupon on the Railway Bonds shall be payable semi-annually.

Related to Interest coupon

  • Coupon Rate has the meaning set forth in Section 2.8.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Coupon means any interest coupon appertaining to a Bearer Security.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.