Difference between revisions of "Manuals/calci/COUPPCD"
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| − | =COUPPCD( | + | <div style="font-size:30px">'''COUPPCD(Settlement,Maturity,Frequency,Basis)'''</div><br/> |
| − | *Where <math> | + | *Where <math>Settlement</math> is the security's settlement date (a date when coupon or a bond is purchased), |
| − | *<math> | + | *<math>Maturity</math> is the security's maturity date (a date when coupon or a bond expires), |
| − | *<math> | + | *<math>Frequency</math> is the number of coupon payments per year, and |
| − | *<math> | + | *<math>Basis</math> is the type of day count basis to use. |
| − | COUPPCD() | + | COUPPCD(), returns the previous coupon date before the settlement date. |
== Description == | == Description == | ||
| − | COUPPCD( | + | COUPPCD(Settlement, Maturity, Frequency, Basis) |
| − | *<math> | + | *<math>Settlement</math> and <math>Maturity</math> dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message. |
| − | *If <math> | + | *If <math>Settlement</math> date = <math>Maturity</math> date, Calci displays #N/A error message. |
| − | *The values for <math> | + | *The values for <math>Frequency</math> should be 1,2 or 4. |
| − | For Annual payment, | + | For Annual payment, Frequency = 1, |
| − | For Semi-annual payment, | + | For Semi-annual payment, Frequency = 2, |
| − | For Quarterly payment, | + | For Quarterly payment, Frequency = 4. |
| − | *<math> | + | *<math>Basis</math> value is optional. If omitted, Calci assumes it to be 0. |
| − | Below table shows the use of <math> | + | Below table shows the use of <math>Basis</math> values: |
{| class="wikitable" | {| class="wikitable" | ||
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| − | *If <math> | + | *If <math>Basis</math> value is other than 0 to 4, Calci displays #N/A error message. |
== Examples == | == Examples == | ||
Revision as of 15:29, 29 June 2018
COUPPCD(Settlement,Maturity,Frequency,Basis)
- Where is the security's settlement date (a date when coupon or a bond is purchased),
- is the security's maturity date (a date when coupon or a bond expires),
- is the number of coupon payments per year, and
- is the type of day count basis to use.
is the security's settlement date (a date when coupon or a bond is purchased),
is the security's maturity date (a date when coupon or a bond expires),
is the number of coupon payments per year, and
is the type of day count basis to use.COUPPCD(), returns the previous coupon date before the settlement date.
Description
COUPPCD(Settlement, Maturity, Frequency, Basis)
- and dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
- If date = date, Calci displays #N/A error message.
- The values for should be 1,2 or 4.
For Annual payment, Frequency = 1,
For Semi-annual payment, Frequency = 2,
For Quarterly payment, Frequency = 4.
- value is optional. If omitted, Calci assumes it to be 0.
Below table shows the use of values:
| Basis | Description |
|---|---|
| 0 | US (NASD) 30/360 |
| 1 | Actual/actual |
| 2 | Actual/360 |
| 3 | Actual/365 |
| 4 | European 30/360 |
- If value is other than 0 to 4, Calci displays #N/A error message.
Examples
Consider the following example that shows the use of COUPPCD function:
| 06/20/2010 | ||
| 12/20/2014 | ||
| 2 | ||
| 1 |
1. =COUPPCD(A1,A2,A3,A4) displays Sun Jun 20 2010 15:57:03 GMT+0530 (India Standard Time) as a result.
2. =COUPPCD(DATE(2012,1,31),DATE(2014,1,6),1,1) displays Fri Jan 06 2012 00:00:00 GMT+0530 (India Standard Time) as a result.
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References