Different markets have different day count conventions. For instance is a 3 month deposit rate the same as a 90 day CD? When it comes to 'wholesale size', it'

Different markets have different day count conventions. For instance is a 3 month deposit rate the same as a 90 day CD? When it comes to 'wholesale size', it's not about gouging clients for a day of interest, it's making sure that everyone is talking about the same dates and penny-accurate amounts. http://en.wikipedia.org/wiki/Day_count_convention http://en.wikipedia.org/wiki/Day_count_convention