# InterestPayment

Used to record the The payment of an obligation an issuer has agreed to make to holders of an interest-bearing security and details related to the interest payment. Usually, the payment is made in cash and on a scheduled basis

## Example Usage

```typescript
import { InterestPayment } from "@apexfintechsolutions/ascend-sdk/models/components";

let value: InterestPayment = {};
```

## Fields

| Field                                                                                                                                                | Type                                                                                                                                                 | Required                                                                                                                                             | Description                                                                                                                                          | Example                                                                                                                                              |
| ---------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------- |
| `cashRate`                                                                                                                                           | [components.EntryInterestPaymentCashRate](../../models/components/entryinterestpaymentcashrate.md)                                                   | :heavy_minus_sign:                                                                                                                                   | The rate (raw value, not a percentage, example: 50% will be .5 in this field) at which cash will be disbursed to the shareholder                     | {<br/>"value": "0.25"<br/>}                                                                                                                          |
| `corporateActionGeneralInformation`                                                                                                                  | [components.EntryInterestPaymentCorporateActionGeneralInformation](../../models/components/entryinterestpaymentcorporateactiongeneralinformation.md) | :heavy_minus_sign:                                                                                                                                   | Common fields for corporate actions                                                                                                                  |                                                                                                                                                      |
| `paymentDate`                                                                                                                                        | [components.EntryInterestPaymentPaymentDate](../../models/components/entryinterestpaymentpaymentdate.md)                                             | :heavy_minus_sign:                                                                                                                                   | The anticipated payment date at the depository                                                                                                       | {<br/>"day": 14,<br/>"month": 5,<br/>"year": 2024<br/>}                                                                                              |
| `recordDate`                                                                                                                                         | [components.EntryInterestPaymentRecordDate](../../models/components/entryinterestpaymentrecorddate.md)                                               | :heavy_minus_sign:                                                                                                                                   | The date on which positions are recorded in order to calculate entitlement                                                                           | {<br/>"day": 14,<br/>"month": 5,<br/>"year": 2024<br/>}                                                                                              |
| `settled`                                                                                                                                            | [components.EntrySettled](../../models/components/entrysettled.md)                                                                                   | :heavy_minus_sign:                                                                                                                                   | Corresponds to the position's settled quantity                                                                                                       | {<br/>"value": "0.25"<br/>}                                                                                                                          |