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13 Jul, 2017

Accrued Interest: What is it and how does it work?

By |2017-07-13T02:35:28+10:00Jul 13, 2017|Education|

In context of bond valuations, accrued interest is defined as the difference between the dirty and clean price. It is the interest that has accrued but not been paid since the last payment date. In most cases securities are not traded on payment dates and therefore investors are entitled to the interest earned but have not received for the period [...]