Day count: Difference between revisions

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imported>Doug Williamson
(Link with ACT/365 fixed page.)
imported>Doug Williamson
(Expand for conventional years which use actual days as the denominator.)
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1. The number of days within a specific interest payment period in which interest payments are due.
1. The number of days within an interest calculation period, for which interest is accrued or due.


2. The [[Day count conventions|convention]] governing the way such interest payments are to be calculated (for example, 360 or 365 days per year).
2. The [[Day count conventions|convention]] governing the way such interest payments are to be calculated. Examples include 360, 365 or the actual number of days per year.


== See also ==
== See also ==
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* [[Certificate in Treasury]]
* [[Certificate in Treasury]]
* [[CertFMM]]
* [[CertFMM]]
* [[Day count conventions]]
* [[Interest]]
* [[Interest]]
* [[ACT/360]]
* [[ACT/360]]
* [[ACT/365 fixed]]
* [[ACT/365 fixed]]

Revision as of 11:43, 1 January 2016

1. The number of days within an interest calculation period, for which interest is accrued or due.

2. The convention governing the way such interest payments are to be calculated. Examples include 360, 365 or the actual number of days per year.

See also