2 ms·
> BTW - the fictitious calendar is very often used in bond repayments - e.g. https://www.lawinsider.com/dictionary/bond-payment-dates https://www.lawinsider.com
by throw0101d 3y ago
> BTW - the fictitious calendar is very often used in bond repayments - e.g. https://www.lawinsider.com/dictionary/bond-payment-dates https://www.lawinsider.com/dictionary/bond-payment-dates
Some sample calculations at:
* https://www.bondsavvy.com/bonds/accrued-interest-calculation https://www.bondsavvy.com/bonds/accrued-interest-calculation
See also perhaps:
* https://www.investopedia.com/terms/d/daycount.asp https://www.investopedia.com/terms/d/daycount.asp