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mtrm_1di

mtrm_1di (routine)

Calculate one days interest for a medium term note

Introduced in release: 1.0
Component: Restricted
Purpose: Calculate one days interest for a medium term note (a regular bond, odd first coupon bond, odd last coupon bond, and odd first and last coupon bond). Specifically it calculates the amount of interest earned from the day before the settlement date to the settlement date

Notes: The maturity date used by this routine can be a maturity/redemption 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: 04/25/1994© 2001 TIPS, Inc.Doc Version: 5.0