COUPNUM | Spread.NET 18 Formula Reference

COUPNUM

In This Topic

This function returns the number of coupons due between the settlement date and maturity date.

Syntax

COUPNUM(settlement,maturity,frequency,basis)

Arguments

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.)

Remarks

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.

Data Types

Accepts numeric and DateTime object data. Returns numeric data.

Examples

COUPNUM(A1,A2,A3,A4)

COUPNUM(R6C3:R9C4)

Version Available

This function is available in product version 2.0 or later.