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gmis_1di

gmis_1di (routine)

Calculates one day's interest for a German government bond (ISMA method)

Introduced in release: 1.0
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 German government regular bond, odd first coupon bond, odd last coupon bond, and odd first and last coupon bond using the ISMA method. Specifically it performs calculations on Bund and Bahn, Post, Unities, and Schatze.

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: 04/11/1994© 2001 TIPS, Inc.Doc Version: 5.0