acrubond
Accrued interest of security with periodic interest payments
Syntax
Description
returns the accrued interest for a security with periodic interest payments.
AccruInterest
= acrubond(IssueDate
,Settle
,FirstCouponDate
,Face
,CouponRate
)acrubond
computes the accrued interest for securities with
standard, short, and long first coupon periods.
adds optional arguments for AccruInterest
= acrubond(___,Period
,Basis
)Period
and
Basis
.