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jpdb_py_ai

jpdb_py_ai (routine)

Calculate bond dollar price, yield to maturity and accrued interest for Japanese government discount bond

Introduced in release: 1.1
Component: Non-US (developed mkts)
Purpose: Calculates either dollar price or yield to maturity (simple yield) and accrued interest for Japanese government discount regular bond or odd first coupon bond or odd first and last coupon bond.

Results: All results are calculated using the industry standard rules or generally accepted practices, and are 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.

Last Mod Date: 12/14/1995© 2001 TIPS, Inc.Doc Version: 5.0