COUPDAYBS

Description Computes the number of days from the coupon date previous to the settlement date and the settlement date.

Syntax COUPDAYBS ( settlement, maturity, frequency [, calendar_type] )

Argument Description

settlement The date when the security is traded to the buyer. Dates in the argument list must be in the form of a serial number or text.

maturity The date the security expires and the remaining amount is paid to the investor. It must be later than settlement. Dates in the argument list must be in the form of a serial number or text.

frequency The number of interest payments per year. See "The frequency Argument" for more information.

[calendar_type] Optional. One of five methods of counting days for computing interest. See "The calendar_type Argument" for more information.

Argument	Description
settlement	The date when the security is traded to the buyer. Dates in the argument list must be in the form of a serial number or text.
maturity	The date the security expires and the remaining amount is paid to the investor. It must be later than settlement. Dates in the argument list must be in the form of a serial number or text.
frequency	The number of interest payments per year. See "The frequency Argument" for more information.
[calendar_type]	Optional. One of five methods of counting days for computing interest. See "The calendar_type Argument" for more information.

Remarks This function truncates all arguments to integers.

Examples This function returns 145:

COUPDAYBS("1/25/93","8/31/94",2,0)

This function returns 147:

COUPDAYBS("1/25/93","8/31/94",2,1)

See Also COUPDAYS, COUPDAYSNC, COUPNCD, COUPNUM, COUPPCD