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euro_1di

euro_1di (routine)

Calculates one day's interest for a Euro denominated bond (1999 conventions)

Introduced in release: 1.38
Component: Non-US (developed mkts)
Purpose: Calculates the amount of interest earned from the day before the settlement date to settlement, taking into account the quantity, for a Euro regular bond and odd first coupon bond.

Special Considerations: If the bond you are using this function for is a redenominated bond you will have to divide the interest returned from the function by the conversion rate.

Notes: The settlement date used by this routine can be a settlement/target date.

Results: The returned value is the interest, scaled by the quantity, 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: 10/22/1998© 2001 TIPS, Inc.Doc Version: 5.0