E-76
D
Issue date
Redemption date (d2)
Purchase date (d1)
Coupon Payment dates
A B
A
Calculation Formulas
PRC
: price per $100 of face value
CPN
: coupon rate (%)
YLD
: annual yield (%)
A
: accrued days
M
: number of coupon payments per year
(1 = Annual, 2 = Semi-Annual)
N
: number of coupon payments until maturity
(
n
is used when “Term” is specified for “Bond
Date” on the setup screen.)
RDV
: redemption price per $100 of face value
D
: number of days in coupon period where
settlement occurs
B
: number of days from purchase date until next
coupon payment date = D – A
INT
: accrued interest
CST
: price including interest
u
Price per $100 of face value (PRC)
Date (Using the Setup Screen: Bond Date)
• For one or fewer coupon period to redemption
PRC =
–
+ (
)
RDV
+
M
CPN
1+ (
×
)
D
B
M
YLD/
100
×
D
A
M
CPN