https://wiki-dev.treasurers.org/w/index.php?action=history&feed=atom&title=Interest_determination_date 2026-04-24T18:51:31Z Revision history for this page on the wiki MediaWiki 1.40.0 https://wiki-dev.treasurers.org/w/index.php?title=Interest_determination_date&diff=27696&oldid=prev 2019-04-19T15:43:31Z

<p>Classify page.</p> <table style="background-color: #fff; color: #202122;" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr class="diff-title" lang="en-GB"> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 15:43, 19 April 2019</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l22">Line 22:</td> <td colspan="2" class="diff-lineno">Line 22:</td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [[Settlement]]</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [[Settlement]]</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [[SONIA]]</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [[SONIA]]</div></td></tr> <tr><td colspan="2" class="diff-side-deleted"></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;"></ins></div></td></tr> <tr><td colspan="2" class="diff-side-deleted"></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">[[Category:Financial_products_and_markets]]</ins></div></td></tr> <!-- diff cache key acta01_wikidev:diff::1.12:old-27695:rev-27696 --> </table>

imported>Doug Williamson https://wiki-dev.treasurers.org/w/index.php?title=Interest_determination_date&diff=27695&oldid=prev 2019-04-19T15:43:11Z

<p>Create page. Source: The Treasurer, Cash Management Edition April 2019, p28.</p> <p><b>New page</b></p><div>An interest determination date is a date by reference to which an amount of interest is calculated.<br /> <br /> There is normally a time lag between the interest determination date and the interest payment date.<br /> <br /> <br /> :&lt;span style=&quot;color:#4B0082&quot;&gt;'''''Five-day lag'''''&lt;/span&gt;<br /> <br /> :&quot;In SONIA referencing bonds, we have seen the Interest Determination Date set five days in advance of the interest payment date.<br /> <br /> :This essentially creates a five-day lag between the interest period and the interest rate reference period.<br /> <br /> :For example, for a bond that is due to rollover on the 15th of the month, the final interest rate applicable in that period would be finalised on the 10th of that month, enabling market participants sufficient time for calculation of cash flow and settlement...<br /> <br /> :It is possible that over time the five-day period could shorten as the market becomes more familiar with this change in convention.&quot;<br /> <br /> :''The Treasurer magazine, Cash Management Edition April 2019 p28, Lloyds Bank.''<br /> <br /> <br /> == See also ==<br /> * [[Bond]]<br /> * [[Determination]]<br /> * [[Settlement]]<br /> * [[SONIA]]</div>

imported>Doug Williamson