ACCRINT (PQL - xl)
This function calculates the accrued interest for a security that pays periodic interest
- Library: PQL \ Spreadsheet \ Financial
- Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module
Syntax
ACCRINT(issue, first interest, settlement, rate, OPTIONAL par, frequency, OPTIONAL basis)
Function Arguments
Name | Description | Type | Optional |
|---|---|---|---|
issue | Date that the security is issued | StringOrNumber |
|
first interest | First date for calculating the interest for the security | StringOrNumber |
|
settlement | Settlement date for the security | StringOrNumber |
|
rate | Annual interest rate for the security | Number |
|
par | Par value for the security; if omitted, the calculation uses a value of $1,000 | Number | Y |
frequency | Frequency of payment, number of payments per year | Number |
|
basis | Integer representing the basis for day count | Number | Y |
Comments
This function is the same as the Microsoft Excel 'ACCRINT' function - using the same inputs, logic and outputs.