Bond:  Trading cum interest or ex interest?
Channel: Werner Lost
Date: 2012-10-11

Based on the following information 

BOND X
Principal or nominal value: R10 000 000
Coupon rate: 5,5% p.a.
Issue date:1 April 2010
Maturity date: 31 March 2020
Coupon payment dates: 31 March and 30 September
The register closes one month before the coupon payment dates.

You must decide whether the following bond trade ex interest or cum interest on 15 March 2012 and also indicate the period for which accrued interest should be calculated in order to calculate the all-in price of the bond