Bonds

Day Count Convention In Bonds

Day-count convention is used to calculate accrued interest between coupon payments. This convention helps to determine the number of days between payment, thus helping with calculation of how interest is accrued over a period. This convention dictates how the period between payments is calculated, by deciding numbers of days in Read more…

Bonds

What are Bonds

Bonds are financial instruments used to raise capital for Governments and Corporates Not a central place to trade Its called over the counter market Organised by type of security Most are sold dealer to dealer Bonds are identified by ISIN (International Securities Identification Number) which consists of three parts Two Read more…