Accrued interest of security with periodic interest payments.

Syntax

ai = acrubond(id, sd, fd, rv, cpn, per, basis)
ai = acrubond(id, sd, fd, rv, cpn, per)
ai = acrubond(id, sd, fd, rv, cpn)

Arguments

id

Issue date. Enter as serial date number or date string.

sd

Settlement date. Enter as serial date number or date string.

fd

First coupon date. Enter as serial date number or date string.

rv

Redemption (par, face) value.

cpn

Coupon rate. Enter as decimal fraction.

per

Coupons per year. An integer. Default = 2.

basis

Day-count basis: 0 = actual/actual (default), 1 = 30/360,
2 = actual/360, 3 = actual/365.

Description

Example

ai = acrubond('31-jan-1983',  '1-mar-1993',...
            '31-jul-1983',  100,  0.1,  2,  0)
ai =
    0.8011

See Also

Reference