CAS 6


accrint
- Financial

Summary

Calculate accrued interest for a security that pays periodic interest.

Examples

accrint 19980228 19980831 19980501 10 1000 2 0

Syntax

accrint IssueDate FirstInterestDate SettlementDate Rate Par Frequency DayCount

Right Arguments

Name Data Type Input Type Description Optional Default
IssueDate Date Field Security's issue date. No
FirstInterestDate Date Field Security's first interest date. No
SettlementDate Date Field The date after the issue date when the security is traded to the buyer. No
Rate Numeric Field Annual interest rate. No
Par Numeric Field Par value No
Frequency Numeric Field Number of coupon payments; 1, 2 or 4) No
DayCount Numeric Field 0=30/360, 1=ACT/ACT, 2=ACT/360, 3=ACT/365, 4=Eur 30/360 No

Result

Type: Numeric

Accrued interest dollar amount.



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