### Question
Can you define what interest payment date means?


### Answer
**Interest payment date** is defined as the following in *26 U.S.C. § 6431*:

> each date on which interest is payable by the issuer under the terms of the bond

#### Citation:
  - *26 U.S.C. § 6431*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 65-ABATEMENTS, CREDITS, AND REFUNDS > Subchapter B-Rules of Special Application**

