oddfprice

Price per $100 face value of a security with an odd first period.

Syntax

v = oddfprice(settlement, maturity, issue, first_coupon, rate, yld, redemption, frequency, basis)

Description

Returns the price for a bond whose first coupon period is non-standard (different length from subsequent periods).

Example

oddfprice('2008-11-11', '2021-03-01', '2008-10-15', '2009-03-01', 0.0785, 0.0625, 100, 2)

See also

• price — Price per $100 face value of a coupon-paying bond.
• oddlprice — Price per $100 face value of a security with an odd last period.