Periodic and Arab Bank for Economic Development in Africa: Difference between pages

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imported>Doug Williamson
(Link with Nominal annual rate page.)
 
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An amount, usually expressed in percentage or decimal terms, applied as a proportionate amount per period, rather than per annum.
(ABEDA/BADEA).


A financial institution funded by the governments of the member states of the League of Arab States.


In relation to periodic yields (r):


r = R x days / year
==See also==
* [[AGF]]
*[[Arab Monetary Fund]]
* [[Development bank]]
* [[International Bank for Reconstruction and Development]]


 
[[Category:Long_term_funding]]
''Where:''
 
r = periodic yield
 
R = nominal annual yield
 
days = actual number of days in the period under review
 
year = number of days in a conventional year
 
 
<span style="color:#4B0082">'''Example'''</span>
 
Interest is quoted at a market rate of 4% in USD, for 90 days maturity.
 
 
R = nominal annual yield = 0.04 (= 4%)
 
days = actual number of days in the period under review = 90
 
year = number of days in a conventional year = 360 for USD
 
 
Periodic yield = 0.04 x 90 / 360
 
= 0.01 (= 1%)
 
 
''This is the periodic yield per 90 days in USD.''
 
 
 
== See also ==
* [[ACT/360]]
* [[ACT/365]]
* [[Conventional year]]
* [[Discount rate]]
* [[Nominal annual rate]]
* [[Rate of return]]

Latest revision as of 19:23, 12 September 2023

(ABEDA/BADEA).

A financial institution funded by the governments of the member states of the League of Arab States.


See also