How long after applying for a Debenture does it start paying interest?

Debenture application must be successfully applied for by the 15th of the month in order for Interest to be allocated for the next month’s trading and interest to be applied the following month after the calendar month of trading. In essence Debentures start earnings from the 1st of the next month as long as the Debenture application was successful before the 15th of the month. Eg. Apply for Debenture by April 15th, Interest applied 5th June

The reason is we use different trading solutions to generate the revenue to pay the Interest. Some trade daily, some a few days of the week, some a few days of the month. We take the accumulative result over the calendar month and then apply the interest on the 5th of the following month. This ensures we can best deliver a sustainable and scalable monthly result.