Interest payments in capital markets transactions | Practical Law

Interest payments in capital markets transactions | Practical Law

This note examines interest payments in capital markets transactions and the basis on which interest is calculated. It explains interest rate fixing, day count fractions and short and long interest periods.

Interest payments in capital markets transactions

Practical Law UK Practice Note 6-383-5759 (Approx. 10 pages)

Interest payments in capital markets transactions

by Patrick Smith, Of Counsel, Atsumi & Partners and maintained by Practical Law Capital Markets
Maintained • England, Wales
This note examines interest payments in capital markets transactions and the basis on which interest is calculated. It explains interest rate fixing, day count fractions and short and long interest periods.
Certain points discussed also apply to interest payments under a loan agreement.