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ustc_py_ai

ustc_py_ai (routine)

Calculate dollar price, yield to maturity, and accrued interest for a US term CD

Introduced in release: 1.2
Component: US Bonds
Purpose: Calculates either dollar price or yield to maturity and accrued interest for a US term CD with coupon payments.

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

Results: All results are calculated using the industry standard rules or generally accepted practices, 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: 12/20/1995© 2001 TIPS, Inc.Doc Version: 5.0