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

ODDFPRICEReturns the price per $100 face value for a security having an odd (short or long) first period.
ODDLPRICEReturns the price per $100 face value for a security having an odd (short or long) last coupon period.


© 2023 Better Solutions Limited. All Rights Reserved. © 2023 Better Solutions Limited TopPrevNext