Irregular Coupons

Also known as Odd Coupon
Sometimes the first or the last coupon period of a bond can be shorter or longer that the defined period (annual or semi-annual)


Excel Functions

ODDFYIELDReturns the yield of a security that has an odd (short or long) first period.
ODDLYIELDReturns the yield of a security that has an odd (short or long) last period.


© 2024 Better Solutions Limited. All Rights Reserved. © 2024 Better Solutions Limited TopPrevNext