True interest cost
For a security such as commercial paper that is sold on a discount basis, the coupon rate required to provide an identical return assuming a coupon-bearing instrument of like maturity that pays interest in arrears. ...
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Understanding the True Cost of Issuing Convertible Debt and Other Equity-Linked Financing
Best Practice ...
TRUE INTEREST COST " A calculation used when bidding on a new municipal issue.
True Interest Cost (TIC)
The TIC is a method of calculating an issuer's borrowing interest cost, which considers the present value of the debt service payments.
True interest cost expressed on the basis of a 365-day year.
Coupon payments
A bond's interest payments.
Coupon-equivalent rate See: Equivalent bond yield Coupon equivalent yield True interest cost expressed on the basis of a 365-day year.
Canadian interest cost: See True Interest Cost.
Cap Interval: The point at which these special index options are automatically exercised if the underlying index touches or exceeds the cap price on the close.
For a security such as commercial paper that is sold on a discount basis, true interest cost is the coupon rate required to provide an identical return assuming a coupon-bearing instrument of like maturity that pays interest in arrears.
Coupon equivalent yield
True interest cost expressed on the basis of a 365-day year.
 See also: Expense, Expected return, Internal rate of return, Optimal, Marketable securities
  
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