Savings and Investment Manual

SAIM4100 - Accrued Income Scheme: definitions: nominal value

바카라 사이트˜Nominal value바카라 사이트™

ITA07/S676 and S677 define 바카라 사이트˜nominal value바카라 사이트™. In most cases the interest on securities is expressed to be payable by reference to a given value, and that value is to be treated as the nominal value. In any other case the nominal value is the price of the securities when they were issued. If the nominal value of the securities is expressed in a currency other than sterling, their nominal value is the sterling equivalent, calculated by reference to the London closing rate of exchange for that day.

Nominal value is important in relation to the 바카라 사이트˜small holdings바카라 사이트™ exemption (SAIM4210).