Calculate Australian Commonwealth bond accrued interest
Introduced in release: 1.0 Component: Non-US (developed mkts) Purpose:
Calculates the accrued interest for an Australian Commonwealth regular bond or odd first coupon bond. Specifically, it calculates the accrued interest for CGBs. It also returns adjusted first coupon values to be passed to other routines.
Alternatives:
If price and/or yield are required in addition to accrued interest, use the acgb_py_ai routine instead of this routine. If price and/or yield, current yield, estimated Macaulay duration, estimated convexity, interest on interest, etc. are required in addition to accrued interest, use the acgb_risk routine.
Notes:
This routine can optionally perform its calculations considering an input ex-dividend date. To calculate an ex-dividend date use the acgb_exd routine.
In addition to accrued interest, other values are returned by the routine - see outputs in Parameter Definition section.
Results:
The accrued interest per 100 of maturity value, rounded to 3 decimal places, is returned.
Error Conditions:
Returned values should be ignored for a non-zero status. See Errors.
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