This function calculates the number of days from the beginning of the coupon period to the settlement date.
COUPDAYBS(settlement,maturity,frequency,basis)
This function has these arguments:
| Argument | Description |
|---|---|
| settlement | Settlement date for the security |
| maturity | Maturity date for the security |
| frequency | Frequency of payment, number of coupon payments per year; must be 1, 2, or 4 |
| basis | [Optional] Integer representing the basis for day count (Refer to Day Count Basis.) |
This function returns an error if settlement or maturity is invalid (#VALUE!), or if frequency is a number other than 1, 2, or 4 (#NUM!). All arguments are truncated to integers. If basis is greater than 4 or less than 0, a #NUM! error is returned. If settlement is greater than or equal to maturity, a #NUM! error is returned.
Accepts numeric and DateTime object data. Returns numeric data.
COUPDAYBS(A1,A2,A3,A4)
This function is available in product version 2.0 or later.
COUPDAYS | Financial Functions
