Documentation/How Tos/Calc: ODDFYIELD function

From Apache OpenOffice Wiki
Jump to: navigation, search


ODDFYIELD

Returns the yield of a security, where the time to the first interest payment is not a whole period.

Syntax:

ODDFYIELD(settlementdate; maturitydate; issuedate; firstinterestdate; rate; price; redemptionvalue; frequency; basis)

settlementdate: the settlement (purchase) date of the security.
maturitydate: the maturity date of the security.
issuedate: the issue date of the security.
firstinterestdate: the date on which the security first pays interest.
rate: the interest rate of the security.
price: the price of the security.
redemptionvalue: the redemption value of the security per 100 currency units of face value.
frequency: number of interest payments per year (1, 2 or 4).
basis: is the calendar system to use. Defaults to 0 if omitted.
0 - US method (NASD), 12 months of 30 days each
1 - Actual number of days in months, actual number of days in year
2 - Actual number of days in month, year has 360 days
3 - Actual number of days in month, year has 365 days
4 - European method, 12 months of 30 days each
 : This function currently returns invalid results.

Example:

ODDFYIELD("1990-06-01"; "1995-12-31"; "1990-01-01"; "1990-12-31"; 6%; 790; 100; 1; 1)

Calc incorrectly returns an error.

Issues:

  • This function currently returns invalid results. See issue 92177.



See Also
Retrieved from "https://wiki.openoffice.org/w/index.php?title=Documentation/How_Tos/Calc:_ODDFYIELD_function&oldid=243600"
Views
Personal tools
Navigation
Print/export
Tools