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N_stpd_1di

N_stpd_1di (routine)

Calculates one day's interest for a bond with multiple coupon steps

Introduced in release: 1.23
Component: US Bonds
Purpose: Calculates the amount of interest earned from the day before the settlement date to settlement, taking into account the quantity, for a bond whose coupon rate may change on coupon payment dates.

Notes: The settlement date used by this routine can be a settlement/target date.

Results: The returned value is the interest, scaled by the quantity, accurate to as many places as supported by a double precision value.

Error Conditions: Returned values should be ignored for a non-zero status. See Errors.

Last Mod Date: 01/20/1997© 2001 TIPS, Inc.Doc Version: 5.0