Calculate Moosmuller method bond price to maturity for German government securities
Introduced in release: 1.0 Component: Non-US (developed mkts) Purpose:
Calculates price to maturity using the Moosmuller method for a German government regular bond or odd first coupon bond. Specifically it performs calculations on Bund and Bahn, Post, Unities, and Schatze.
Alternatives:
This routine requires inputs normally provided by other interim routines. The gmms_py_ai routine uses a coupon rate and relevant dates in determining the number of remaining periods to maturity for computing a price.
Notes:
This routine can optionally perform its calculations considering an input ex-dividend date. To calculate an ex-dividend date use the gmis_exd routine.
Results:
All results are calculated using the industry standard rules or generally accepted practices. The function returns the calculated dollar price to redemption, 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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