BD003 - How are interest rates and payments calculated?

Debt Services apply a daily compounded interest, added monthly in arrear model. Settlements are calculated depending on the terms of the loan. As a norm interest is settled monthly (also called a Coupon event), and capital is settled in agreed periods. This can be monthly (as in a normal amortised loan), quarterly, bi-annually or as a bullet payment at the end of a loan (also called Maturity Date).