Borrowers are obliged to make interest payments according to their bond documentation (usually every 3 or 6 months). Please check the company description page to see the next interest payment date.
There are multiple parties involved including the issuer, clearing house and prime broker.
Once the money is received, our administrator will review this and will then transfer the money to WiseAlpha Technologies Limited. The proceeds are distributed to investors’ WiseAlpha accounts on the day of receipt. The receipt of funds can take up to 5 business days. (This can take slightly longer, depending on the circumstances of the issuer.)