Difference between revisions of "Manuals/calci/COUPNCD"
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| − | =COUPNCD( | + | <div style="font-size:25px">'''COUPNCD(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. |
| − | + | **COUPNCD(), returns the next coupon date after the settlement date. | |
| − | COUPNCD() | ||
== Description == | == Description == | ||
| − | COUPNCD( | + | COUPNCD(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, frequency = 1, | For Annual payment, frequency = 1, | ||
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For Quarterly payment, frequency = 4. | 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 == | ||
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|} | |} | ||
| − | 1. =COUPNCD(A1,A2,A3,A4) '' | + | 1. =COUPNCD(A1,A2,A3,A4) displays '''12/20/2010''' as a result. |
| − | 2. =COUPNCD(DATE(2012,1,31),DATE(2014,1,6),1,1) '' | + | 2. =COUPNCD(DATE(2012,1,31),DATE(2014,1,6),1,1) displays '''01/06/2013''' as a result. |
==Related Videos== | ==Related Videos== | ||
| − | {{#ev:youtube| | + | {{#ev:youtube|v=pPRoSLoPLcA|280|center|COUPNCD}} |
== See Also == | == See Also == | ||
Latest revision as of 03:34, 11 May 2022
COUPNCD(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.
- COUPNCD(), returns the next coupon date after the settlement date.
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.
Description
COUPNCD(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 COUPNCD function:
| 06/20/2010 | ||
| 12/20/2014 | ||
| 2 | ||
| 1 |
1. =COUPNCD(A1,A2,A3,A4) displays 12/20/2010 as a result.
2. =COUPNCD(DATE(2012,1,31),DATE(2014,1,6),1,1) displays 01/06/2013 as a result.
Related Videos
See Also
References