Calculate treasury inflation indexed security auction formula dollar price, yield to maturity, and accrued interest
Introduced in release: 1.26 Component: US Bonds Purpose:
Calculates either the dollar price or yield to maturity and the accrued interest for Treasury inflation indexed bonds and Treasury inflation indexed notes using the U.S. Treasury auction formulas.
Alternatives:
This function takes as input an index ratio. If you have CPI numbers rather than index ratios use usti_py_ai or usti_papy_ai.
Notes:
This function assumes the security is structured in the same way as a US Treasury Inflation Indexed Security.
Results:
The variable calculated contains the calculated dollar price to redemption per 100 of maturity value or yield to redemption as a percent, both accurate to as many places as supported by a double precision value. The variable ai contains the accrued interest per 100 of maturity value 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.
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