Accrued Interest Calculator
Accrued Interest: a planned Super Calculator tool. Covers face value (currency). Stub page: the tool, its formula and a worked example are not published yet.
Accrued Interest Calculator is a planned calculator in the finance section of Super Calculator, covering fixed income.
What this calculator will compute
Inputs: face value (currency), coupon rate (%), last coupon date, settlement date, frequency and day count convention.
Outputs: accrued interest (currency), days accrued and day count fraction.
Formula, recorded as scope and not yet verified against a primary source: Accrued interest equals the coupon multiplied by the day count fraction between the last coupon date and settlement, where the fraction depends on the convention: 30/360, actual/actual, actual/360 or actual/365, each giving a different figure for the same dates.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.