A calculation of the net cost of issuing debt. It is used most frequently by bond issuers to choose between competing underwriters.
Related information about net interest cost (NIC):
- net interest cost (nic) - Municipal Securities Rulemaking Board
NET INTEREST COST (NIC) – A method of computing the interest expense to the issuer of bonds, which may serve as the basis of award in a competitive sale.
- Net Interest Cost - NIC Definition | Investopedia
The formula for net interest cost (NIC) is based on the average coupon rate weighted to years of maturity, and is adjusted for any associated discounts or ...
- Net Interest Cost (NIC) Definition | Business Dictionaries from ...
total amount of interest that a corporate or municipal bond entity will end up paying when issuing a debt obligation. The net interest cost factors in the coupon ...
- Net Interest Cost (NIC) - InvestingAnswers
We explain the definition of Net Interest Cost (NIC), provide a clear example of the formula, and explain why it is an important concept in business, finance ...
- NIC or TIC - Moors and Cabot, Inc.
TIC computations produce a figure slightly different from the net interest cost (NIC ) method since. TIC considers the time value of money while NIC does not." ...
- What is net interest cost (NIC)? definition and meaning
Definition of net interest cost (NIC): A calculation of the net cost of issuing debt. It is used most frequently by bond issuers to choose between competing ...
- Net Interest Cost - Financial Dictionary - The Free Dictionary
Net interest cost (NIC). The total amount of interest that will be paid on a debt obligation by a corporate or municipal bond issuer.
- if maturity i is assigned couponj - JStor
The problem of minimizing net interest cost (NIC) on new issues of ... The criterion most often employed to evaluate valid bids is net interest cost (NIC). It ...