Next coupon date

From Reuters Financial Glossary

The date after settlement date when coupon is due to be paid. If the maturity date is on 15-Jul-09 and the coupon is paid semi-annually, then the coupon dates are on 15-Jul and 15-Jan (6 month difference) omitting the year. For example, if the settlement date is 16-Oct-05, then the next coupon date is 15-Jan-06. If the settlement date is on 14-Jul-05, the next coupon date is 15-Jul-05.

Views
Personal tools