What is a Dated Date?
The dated date is a term that has to do with the terms and conditions associated with various types of debt instruments and other securities. Interest accrual is the defining factor with this type of date. A dated date is simply the date that the earning of interest on the investment begins to take place. In some cases, the issue date for a given bond or securities issue and the dated date will be the same. However, this does not have to be the case. Depending on the terms associated with the investment, the dated date may occur at some point after the point of issuance. The use of a dated date is very common with any type of fixed-income security. In actual function, the investor or buyer makes a payment to the underwriter or issuer of the bond or debt instrument in question for any interest that was earned between the settlement date and the dated date. At the same time, the buyer also pays for the face value of the debt instrument. The underwriter in turn reimburses this amount as p
