This paper studies a linked system of second order ordinary differential equations

where xx ∈ [ar, br] and the coefficients qrars are continuous, real valued and periodic of period (br − ar), 1 ≤ r,s ≤ k. We assume the definiteness condition det{ars(xr)} > 0 and 2k possible multiparameter eigenvalue problems are then formulated according as periodic or semi-periodic boundary conditions are imposed on each of the equations of (*). The main result describes the interlacing of the 2k possible sets of eigentuples thus extending to the multiparameter case the well known theorem concerning 1-parameter periodic equation.