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mxgb_py_ai

mxgb_py_ai (routine)

Calculates price or yield and accrued interest for Mexican government securities

Introduced in release: 1.0
Component: Non-US (emerging mkts)
Purpose: Calculates either the dollar price or yield to maturity and the accrued interest for a Mexican government regular bond, odd first coupon bond, odd last coupon bond, or odd first and last coupon bond.

Results: All results are calculated using the industry standard rules or generally accepted practices. The variable calculated contains the calculated dollar price or yield to redemption to as many places as possible. The variable ai contains the accrued interest per 100 of maturity value, 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: 03/15/1993© 2001 TIPS, Inc.Doc Version: 5.0