Nominal Day definition

Nominal Day. Any calendar day without regard to whether the bond market is open or not. Nominal Payment Dates (or Coupon Dates or Coupon Due Dates): The dates on which coupons are scheduled to be paid. This day is used to calculate the accrued interest due to the holder. If the nominal payment date falls on a non-market day, the actual coupon payment is usually on the next market day.
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Related to Nominal Day

  • TARGET2 Day means a day that TARGET2 is open for the settlement of payments in euro.

  • kg/day means kilograms per day.

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • relevant week means the reduction week or part-week in which the capital in question of which the applicant has deprived himself within the meaning of paragraph 67(1)—