Manuals/calci/couppcd

COUPPCD(settle, M, F, basis)


  • is the security's settlement date.
  • is the security's maturity date(Expire date).
  •  is the number of coupon(interest) payments per year(1,2 or 4)
  • is the Type of day count basis.

Description

  • This function returns a date that represents next coupon date after the settlement date.
  •   must be 1,2 or 4
  • COUPNCD shows there value when Failed to parse (unknown function "\lt"): {\displaystyle basis\lt 0} or Failed to parse (unknown function "\gt"): {\displaystyle basis\gt 0} Basis>4,
  •   must be greater than or equal to maturity date.
  •   is the calender system to use.
0 - US method (NASD), 12 months of 30 days each
1 - Actual number of days in months, actual number of days in year
2 - Actual number of days in month, year has 360 days
3 - Actual number of days in month, year has 365 days
4 - European method, 12 months of 30 days each
  • COUPPCD returns errors when
Settlement  or Maturity  is not a valid date.
Frequency  is any number other than 1, 2, or 4.
Basis  < 0 or if Basis  > 4.
Settlement  ≥ Maturity .

Examples

  • =COUPPCD("2007/02/21","2009/02/21",2,1)
Wed Feb 21 2007 00:00:00 GMT+0530 (India Standard Time)
  • =COUPPCD("2005-07-13", "2009-01-18", 2, 3)
Tue Jan 18 2005 05:30:00 GMT+0530 (India Standard Time)

Related Videos

COUPPCD

See Also

References

COUPPCD