Calculate the number of coupon periods between 2 dates for a periodic coupon payment security
Introduced in release: 1.0 Component: Generic Purpose:
Calculate the number of coupon periods between 2 given dates. The function can count forward from the "e" (earlier) date or backward from the "l" (later) date based on the value of the variable period_direction. The function considers day_type and eom_adj.
Special Considerations:
Only this routine can count forwards from the earlier date. All other period routines count backwards.
Results:
The function returns the calculated number of periods accurate to as many places as supported by a double precision value. The fractional part of the answer is calculated using the days remaining in the period over the days in the period (taking into consideration day_type).
Error Conditions:
Returned values should be ignored for a non-zero status. See Errors.
Main Index
TIPS Home