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Learn how 30/360 methods calculate interest accrual for bonds and loans based on a 30-day month and a 360-day year. Compare different variations of 30/360 methods and their adjustment rules for US and European markets.
A 360-day calendar is a method of measuring durations based on merging the solar and lunar years into one complex clock. It is used in financial markets, computer models, ancient literature, and prophetic genres.
A coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. Learn about the history, valuation, and types of bonds, including zero-coupon bonds that pay no coupons and have a price less than their face value.
A perpetual calendar is a calendar valid for many years, usually designed to look up the day of the week for a given date in the past or future. Learn about the different types, uses, and algorithms of perpetual calendars, and their relation to the Gregorian and Julian calendars.
Dollar General just announced its "Decked Out in Deals" promotion for the holiday season. The sale will include three-day "DG Deal Days" sales events, according to a press release issued by Dollar...
Learn about the origin and evolution of coupons, from the first-ever coupon for a free glass of Coca-Cola in 1888 to the modern electronic and mobile coupons. Find out how coupons are used for marketing, pricing, and taxation purposes.
The Gregorian calendar is the calendar used in most parts of the world since 1582. It is a modification of the Julian calendar that corrects the drift of the equinoxes and adds a leap day every four years, except for centurial years divisible by 400.
Learn about the types, history, and features of U.S. government debt instruments, such as Treasury bills, notes, bonds, and TIPS. Find out how they are issued, traded, and backed by the full faith and credit of the U.S.
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