acrubond - Accrued interest of security with periodic interest payments

Syntax

AccruInterest = acrubond(IssueDate, Settle, FirstCouponDate, Face, 
CouponRate, Period, Basis)

Arguments

`IssueDate`	Enter as serial date number or date string.
`Settle`	Enter as serial date number or date string.
`FirstCouponDate`	Enter as serial date number or date string.
`Face`	Redemption (par, face) value.
`CouponRate`	Enter as decimal fraction.
`Period`	(Optional) Coupons per year of the bond. A vector of integers. Allowed values are 0, 1, 2 (default), 3, 4, 6, and 12.
`Basis`	(Optional) Day-count basis of the instrument. A vector of integers. 0 = actual/actual (default) 1 = 30/360 (SIA) 2 = actual/360 3 = actual/365 4 = 30/360 (PSA) 5 = 30/360 (ISDA) 6 = 30/360 (European) 7 = actual/365 (Japanese) 8 = actual/actual (ISMA) 9 = actual/360 (ISMA) 10 = actual/365 (ISMA) 11 = 30/360E (ISMA) 12 = actual/365 (ISDA)

Description

AccruInterest = acrubond(IssueDate, Settle, FirstCouponDate, Face, CouponRate, Period, Basis) returns the accrued interest for a security with periodic interest payments. This function computes the accrued interest for securities with standard, short, and long first coupon periods.

Note cfamounts or accrfrac is recommended when calculating accrued interest beyond the first period.

Examples

AccruInterest = acrubond('31-jan-1983',  '1-mar-1993', ...
                '31-jul-1983',  100,  0.1,  2,  0)

AccruInterest =
                0.8011

acrubond - Accrued interest of security with periodic interest payments

Syntax

Arguments

Description

Examples

See Also