RE: RE: RE: Debenture interest My account shows the debenture payment as being paid in tomorrow. Today's rise in the debenture price is because those that buy today do not have to pay any or very little of the 6 months of interest on the purchase, which is $3.25. If you bought early last week then you would have had to pay the full interest plus take the risk of a defult on the payment by ylo. Today if the price is $16, you pay $16.