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bond_pp_ai

bond_pp_ai (routine)

Calculates accrued interest for bonds with partial payments

Introduced in release: 1.0
Component: Non-US (developed mkts)
Purpose: Calculates the accrued interest, with the option of including partial payments in the initial period, for a regular bond or odd first coupon bond.

Notes: In addition to accrued interest, other values are returned by the routine - see outputs in Parameter Definition section.

Results: The routine returns 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.

Last Mod Date: 05/06/1994© 2001 TIPS, Inc.Doc Version: 5.0