Under IFRS, if an interest rate decreases after a bond is issued, the company should:

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Under IFRS, changes in market interest rates after a bond is issued do not affect the financial statements directly in terms of recognizing gains or losses in net income or other comprehensive income. However, IFRS requires disclosure of the fair value of financial instruments, including bonds, in the notes to the financial statements if it is different from their carrying amount. This helps users of the financial statements understand the market risk associated with the financial instruments.

Under IFRS, If an Interest Rate Decreases After a Bond