Nominal Interest for Percentage-Quoted Bonds
Required entries:
Additional entry fields:
Select fields MC and ED to specify whether you want the calculation date or the due date to fall on the last day of the month. If you select these fields, the respective day is always the last day of the month, even if you enter another date somewhere else.
Field CR enables you to choose whether to shift the calculation date or the due date to a working day if the date entered is not a working day. If you opt to shift the due date, you must select an appropriate calendar from the Dates screen.
Since the calculation date is used as a basis for calculating financial mathematical transactions, you are advised not to choose a shift rule.
You can display the due date, the payment date, the calculation period and the days that result from the interest payments by choosing the Dates button on the Amounts screen.