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days_eurp360

days_eurp360 (routine)

Calculate the number of days between 2 dates using a european 30+/360 calendar

Introduced in release: 1.0
Component: Generic
Purpose: Calculates the number of days between two dates in the format month, day, year. This calculation is done using a method whereby the second date if it is a 31st is changed to the 1st of the next month.

Special Considerations: This method does not appear to be an industry standard yet it appears to be in use at many firms.

Error Conditions: No inputs are checked in this routine. It is the responsibility of the calling routine to validate the dates. This can be accomplished by calling the routine ok_MDY.

Last Mod Date: 12/19/1991© 2001 TIPS, Inc.Doc Version: 5.0