30.07.26
ICMSA Bulletin 260601/67: Interest period for coupon payments – the importance of clarity around coupon payments for adjusted or unadjusted interest periods and use of business day conventions
This bulletin updates and replaces BULLETIN 160715/39 – Interest period for coupon payments – the importance of clarity around coupon payments for adjusted or unadjusted interest periods.
Important Reader Note: The content of this bulletin remains a recommendation. The ICSDs are unable to modify the current Single Collateral Management Rulebook for Europe “SCoRE” standards conventions but will continue to accept all existing conventions as per existing market practice and documentation