accrfrac
Fraction of coupon period before settlement
Syntax
Description
returns
the fraction of the coupon period before settlement. Fraction
= accrfrac(Settle
,Maturity
)
Use accrfrac
for computing accrued interest. accrfrac
calculates
accrued interest for bonds with regular or odd first or last coupon
periods.
Required input arguments must be number of bonds, NUMBONDS
-by-1
or 1
-by-NUMBONDS
,
conforming vectors or scalars.
returns
the fraction of the coupon period before settlement with optional
inputs.Fraction
= accrfrac(___,Period
,Basis
,EndMonthRule
,IssueDate
,FirstCouponDate
,LastCouponDate
)
Optional input arguments must be either NUMBONDS
-by-1
or 1
-by-NUMBONDS
conforming
vectors, scalars, or empty matrices.