Difference between revisions of "Manuals/calci/ACCRINTM"

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<div style="font-size:30px">'''ACCCRINTM(I, Settle,R,Par,basis)'''</div><br/>
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<div style="font-size:30px">'''ACCRINTM (Issue,Settlement,Rate,ParValue,Basis)'''</div><br/>
  
*<math>I</math> Security's issue date.
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*<math>Issue</math> Security's issue date.
*<math>Settle</math> Security's settlement date should  be after issue date.
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*<math>Settlement</math> Security's settlement date should  be after issue date.
*<math>R</math> Security annual coupon rate.
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*<math>Rate</math> Security annual coupon rate.
*<math>Par</math> Security par value.  
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*<math>ParValue</math> Security par value.  
*<math>basis></math> Type of day count basis.
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*<math>Basis</math> Type of day count basis.
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**ACCRINTM(),returns the accrued interest for a security that pays interest at maturity.
  
 
==Description==
 
==Description==
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135000
 
135000
 
*=ACCRINTM("3/7/2012","7/13/2013",10,10000,5)
 
*=ACCRINTM("3/7/2012","7/13/2013",10,10000,5)
NAN
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N/A (BASIS < 0 or > 4)
  
 
==Related Videos==
 
==Related Videos==
  
{{#ev:youtube|wkvOBTuJEuw|280|center|ACCRINTM}}
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{{#ev:youtube|v=4PfvXJXqObE|280|center|ACCRINTM}}
  
 
==See Also==
 
==See Also==

Latest revision as of 04:24, 13 May 2022

ACCRINTM (Issue,Settlement,Rate,ParValue,Basis)


  • Security's issue date.
  • Security's settlement date should  be after issue date.
  • Security annual coupon rate.
  • Security par value.
  • Type of day count basis.
    • ACCRINTM(),returns the accrued interest for a security that pays interest at maturity.

Description

  • This function returns the accumulated interest for a security that pays interest at maturity.
  • Issue, Basis, Settlement be integers.
  • ACCRINTM shows the error value when:
1.R less-than or equal to 0
2.Par less-than or equal to 0
3.basis < 0 or basis > 4
4.I date greater-than or equal to settle date.
  • number of days counted from issue date to maturity date.
  • Annual Year Basis.

Example

Spreadsheet
A B
1 3/1/2008
2 8/15/2008
3 12
4 1000
5 3
  • =ACCRINTM(A1,A2,A3,A4,A5)

5490.41095890411

  • =ACCRINTM("3/7/2012","7/13/2013",10,10000,4)

135000

  • =ACCRINTM("3/7/2012","7/13/2013",10,10000,5)

N/A (BASIS < 0 or > 4)

Related Videos

ACCRINTM

See Also

Refernces