Spread Silverlight Documentation
ACCRINTM
Spread Silverlight Documentation > Formula Reference > Formula Functions > ACCRINTM

Summary

This function calculates the accrued interest at maturity for a security that pays periodic interest.

Syntax

ACCRINTM(issue,maturity,rate,par,basis)

Arguments

This function has these arguments:

Argument Description
issue Date that the security is issued
maturity Maturity date for security
rate Annual interest rate for the security
par [Optional] Par value for the security; if omitted, the calculation uses a value of $1,000
basis [Optional] Integer representing the basis for day count (Refer to Day Count Basis.)

Remarks

This function requires that issue is a valid date (otherwise a #Value! error is returned). If the rate or par is less than or equal to 0, then a #NUM! error is returned. If the basis is less than 0 or greater than 4, a #NUM! error is returned. If the issue is less than the settlement, then a #NUM! error is returned.

Data Types

Accepts numeric and DateTime object data. Returns numeric data.

Examples

ACCRINTM(A2,A3,B4,D9,3)

ACCRINTM(R1C1,R2C3,R4C2,R9C4,3)

See Also