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Article 18
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All trades of Foreign Bonds executed are ex-dividend trading.
The calculation of interest shall be based on the actual number of days between the interest-bearing commencement date and the trade date by way of including the beginning day and excluding the last day.
Where the settlement to be conducted by a principal with a securities firm is postponed due to a natural disaster or the other force majeure, interest shall be assessed during the period of the postponement in accordance with the preceding paragraph.
The date when a principal conducts settlement with a securities firm in the preceding two paragraph is by 10:00 am of the second business day after the completion day of the Foreign Bonds trade.
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