Please wait…


AIBD return (ISMA return)

International standard for evaluating the real interest return on bonds in which interest is compounded on a daily basis

The AIBD return determines the real interest return on bonds by compounding interest on a daily basis. Irrespective of the time at which the interest is credited, the interest that has accrued on a given day is added to the principal, itself bearing interest the following day.In Germany, regulations on the real interest return are regulated in the Charges Disclosure Rule (Preisangabeverordnung).AIBD stands for ""Association of International Bond Dealers"", the former name of ISMA (International Securities Market Association).

Our Glossary explains the most important terms to exchange business and should leave no questions unanswered. If you still miss a term, please send us an email and we will add the term soon.