cdai
Accrued interest on certificate of deposit
Description
computes the accrued interest on a certificate of deposit.AccrInt
= cdai(CouponRate
,Settle
,Maturity
,IssueDate
)
cdai
assumes that the certificates of deposit pay interest at
maturity. Because of the simple interest treatment of these securities, this
function is best used for short-term maturities (less than 1 year). The default
simple interest calculation uses the Basis
for the actual/360
convention (2
).
Examples
Input Arguments
Output Arguments
Version History
Introduced before R2006aSee Also
accrfrac
| bndyield
| stepcpnyield
(Financial Instruments Toolbox) | tbillyield
| cdprice
| cdyield
| zeroyield
(Financial Instruments Toolbox) | datetime