Calculate bond dollar price, yield to maturity and accrued interest for Italian government bonds
Introduced in release: 1.0 Component: Non-US (developed mkts) Purpose:
Calculates either dollar price or yield to maturity and accrued interest for Italian government regular bond or odd first coupon bond. Specifically it performs calculations on BTPs, CTOs, CCTs, and CTEs.
Alternatives:
The results of this routine do not consider withholding taxes. For tax affected results use itgb_py_tax for withholding prior to 1997 and itgb_py_97t for 1997 and beyond.
Results:
All results are calculated using the industry standard rules or generally accepted practices, accurate to as many places as supported by a double precision value. The variable calculated contains the calculated dollar price or yield to redemption. The variable ai contains the accrued interest per 100 of maturity value.
Error Conditions:
Returned values should be ignored for a non-zero status. See Errors.
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