Calculate price, yield to maturity, and accrued interest for an Euro MTN at-maturity security
Introduced in release: 1.994 Component: Non-US (developed mkts) Purpose:
Calculates either the price or proceeds yield and the accrued interest for a Euro MTN at-maturity security.
Special Considerations:
This routine can be used for both securities with no coupon payment dates (interest at maturity) and securities with the first coupon date falling on the maturity date (bonds probably mis-coded). See the iam_bond_cf_flag to control how the cash flow is calculated.
Notes:
The maturity date used by this routine can be a maturity/redemption date.
Results:
The variable calculated contains the calculated 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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