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ustb_fpi

ustb_fpi (routine)

Calculate current full periods interest for a US treasury bond

Introduced in release: 1.2
Component: US Bonds
Purpose: Calculate current full periods interest for a US treasury bond (a regular bond and odd first coupon bond). Specifically, it calculates the amount of interest earned for the full period in which the settlement date falls.

Special Considerations: In this routine the current period starts the day after the prior coupon payment date and includes the next coupon payment date. If you need to include the prior coupon date and not the next coupon date see ustb_pip.

Notes: The maturity date used by this routine can be a maturity/redemption date.

Results: The result is returned as a dollar and cents amount scaled by the quantity and 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: 12/14/1995© 2001 TIPS, Inc.Doc Version: 5.0