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Pe***e also ask : What does ex interest mean?
not including interest: used to say that the price of bonds does not include the right to receive the next interest payment on them: ex-interest period/bonds.
Pe***e also ask : What is the difference between ex interest and interest?
Ex-interest : Ex-interest is the amount of coupon interest between transaction date or settlement. date and the next coupon date. In this regard, it is to be understood that the closing register date of the coupon is due.
Pe***e also ask : What is the ex interest quotation?
Cum-interest means the price of security is inclusive of the interest accrued for the interim period between last interest payment date and purchase date. Security with ex-interest means the accrued interest has to be paid separately.
Pe***e also ask : What is ex coupon?
Ex-Interest Price indicates that the Accrued Interest from the Preceding Date of Interest Due to the Date of Transaction is Excluded Not Included in the Quoted Ex Interest Price. Hence it is an Ex-interest price.