Manuals/calci/YEARBASIS

YEARBASIS(Date, Basis)

where

• $Date$ represents a start date, and
• $Basis$ is the type of day count basis to use.

YEARBASIS() calculates the number of days in the year for the mentioned date with respect to basis count.

Description

YEARBASIS(Date, Basis)

• YEARBASIS() returns the number of days in the year for the mentioned date with respect to basis count.
• $Date$ should be entered either in 'date format' or 'date returned using formula'. If date is not valid, Calci displays #N/A error message.
• $basis$ value is optional. If omitted, Calci assumes it to be 0.

Below table shows the use of $basis$ values:

Basis	Description
0	US (NASD) 30/360
1	Actual/actual
2	Actual/360
3	Actual/365
4	European 30/360

• If $basis$ value is other than 0 to 4, Calci displays #N/A error message.

Examples

YEARBASIS(Date, Basis) function with inputs in order is calculated as follows:

1/4/2008
10/10/2008
4

=YEARBASIS(A1,A3) : Calculates . Returns 360 as a result.
=YEARBASIS(A2,A3) : Calculates . Returns 360 as a result.
=YEARBASIS(DATE(2014,1,1),0) : Calculates . Returns 360 as a result.
=YEARBASIS(DATE(2014,1,1),1) : Calculates . Returns 365 as a result.
=YEARBASIS(DATE(2014,1,1),2) : Calculates . Returns 360 as a result.
=YEARBASIS(DATE(2014,1,1),3) : Calculates . Returns 365 as a result.
=YEARBASIS(DATE(2014,1,1)) : Calculates     with Basis omitted. Returns 360 as a result.

Related Videos

YEARFRAC

See Also

• YEAR

References

• Date Formats
• Calendar Year
• Basis Convention

• List of Main Z Functions

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