ACCRINT

ACCRINT(issue, first_interest, settlement, rate, par, frequency [,basis] [,calc_method])

Returns the accrued interest for a security that pays interest periodically.

issue	The date the security is issued.
first_interest	The date when the initial interest is paid.
settlement	The settlement date of the security.
rate	The annual interest rate or coupon when the security was issued.
par	The par value of the security.
frequency	The number of coupon payments per year: 1 = annual 2 = semi annual 4 = quarterly
basis	(Optional) The type of day counting to use: 0 = 30/360 (default) 1 = Actual/Actual 2 = Actual/360 3 = Actual/365 4 = 30E/360
calc_method	(Optional) A logical value indicating the start date for the accrued interest: True (<> 0) = start accruing interest from the issue date (default) False (or 0) = start accruing interest from the last coupon payment date

REMARKS

* Dates must be entered as text strings within quotation marks or as serial numbers.
* The "issue" date and the "first_interest" date are needed to calculate the amount accrued each day.
* If "issue" is not an integer, it is truncated.
* If "issue" is not a valid date, then #VALUE! is returned.
* If "issue" >= "settlement", then #NUM! is returned.
* If "first_interest" is not an integer, it is truncated.
* If "first_interest" is not a valid date, then #VALUE! is returned.
* The "settlement" date is when the security is traded to the buyer.
* If "settlement" < "issue", then
* If "settlement" is not an integer, it is truncated.
* If "settlement" is not a valid date, then #VALUE! is returned. See Example 18.
* If "rate" <= 0, then #NUM! is returned.
* If "par" is left blank, then 1000 is used.
* If "par" <= 0, then #NUM! is returned.
* If "frequency" is not an integer, it is truncated.
* If "frequency" is any number other than 1, 2 or 4, then #NUM! is returned.
* If "basis" is left blank, then 0 is used.
* If "basis" is not an integer, it is truncated.
* If "basis" < 0, then #NUM! is returned.
* If "basis" > 4, then #NUM! is returned.
* If "calc_method" is left blank, then True is used.
* You can use the ACCRINTM function to return the accrued interest for a security that pays interest at maturity.
* You can use the DATE function to enter your dates.
* For the Microsoft documentation refer to support.microsoft.com
* For the Google documentation refer to support.google.com

	A	B
1	=ACCRINT(B1, B5, B2, 6%, 1000, 2, 0) = 5.00	01-Mar-2020
2	=ACCRINT(B1, B5, B3, 6%, 1000, 2, 0) = 10.00	01-Apr-2020
3	=ACCRINT(B1, B5, B5, 6%, 1000, 2, 0) = 30.00	01-May-2020
4	=ACCRINT(B1, B5, B5, 6%, 1000, 2, 1) = 30.00	01-Jun-2020
5	=ACCRINT(B1, B4, B6, 4%, 2500, 4, 0) = 100.00	01-Sep-2020
6	=ACCRINT(B1, B4, B6, 0.04, 2500, 4, 0) = 100.00	01-Mar-2021
7	=ACCRINT(B1, B4, B6, 4/100, 2500, 4, 0) = 100.00
8	=ACCRINT(B1, B4, B6, 0.04, 2500, 2, 0) = 100.00
9	=ACCRINT(B1, B4, B6, 5%, 1000, 2, 0) = 50.00
10	=ACCRINT(B1, B4, B6, 5%, , 2, 0) = 50.00
11	=ACCRINT(B1, B4, B6, 5%, 1000, 2) = 50.00
12	=ACCRINT(B1, B4, B6, 5%, -1000, 2) = #NUM!
13	=ACCRINT(B1, B4, B6, 5%, 1000, 2, -1) = #NUM!
14	=ACCRINT(B1, B4, B6, 5%, 1000, 2, 5) = #NUM!
15	=ACCRINT(B1, B4, "text", 5%, 1000, 2, 0) = #VALUE!

1 - How much interest has accrued on a US treasury bond between 1 Mar 2020 and 1 Apr 2020. The bond has a par value of $1,000 issued on 1 Mar 2020 with a first interest paid date of 1 Sep 2020 and a settlement date of 1 Apr 2011 with a coupon of 6% paid semi-annually with a day count of US 30/360.
2 - The same as Example 1 except the settlement date is 1 Mar 2021.
3 - The same as Example 1 except the settlement date is 1 Sep 2021.
4 - The same as Example 3 except the basis is Actual/Actual instead of 30/360.
5 - How much interest has accrued on a US treasury bond between 1 Mar 2020 and 1 Mar 2021. The bond has a par value of $2,500 issued on 1 Mar 2020 with a first interest paid date of 1 Jun 2020 and a settlement date of 1 Mar 2021 with a coupon of 4% paid quarterly with a day count of European 30/360.
6 - The same as Example 5 except the rate is 0.04, instead of 4%.
7 - The same as Example 5 except the rate is 4/100, instead of 4%.
8 - The same as Example 5 except the frequency is semi-annual.
9 - How much interest has accrued on a US treasury bond between 1 Mar 2020 and 1 Mar 2021. The bond has a par value of $1,000 issued on 1 Mar 2020 with a first interest paid date of 1 Jun 2020 and a settlement data of 1 Mar 2021 with a coupon of 5% paid semi-annually with a day count of US 30/360.
10 - The same as Example 9 except the par value has been left blank.
11 - The same as Example 9 except the basis has been left blank.
12 - The same as Example 9 except the par value is negative.
13 - The same as Example 9 except the basis is -1 which is less than 0.
14 - The same as Example 9 except the basis is 5 which is greater than 4.
15 - The same as Example 9 except the settlement date is not numeric.