Syntax
=ACCRINTM(issue, settlement, rate, par, [basis])Arguments
| Argument | Required | Description |
|---|---|---|
issue | Required | The issue date |
settlement | Required | The maturity date |
rate | Required | The annual coupon rate |
par | Required | The par value |
basis | Optional | The day count basis, 0 to 4 |
How to use ACCRINTM
ACCRINTM takes 4 required arguments and 1 optional argument. Type =ACCRINTM( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.
Examples
Each result below was calculated by the SheetsBat formula engine.
=ACCRINTM(DATE(2008,4,1), DATE(2008,6,15), 0.1, 1000, 3)Result Related financial functions
- ACCRINTReturns the interest accrued on a security that pays periodic interest.
- AMORDEGRCReturns the depreciation of an asset for an accounting period with the French declining balance system.
- AMORLINCReturns the straight line depreciation of an asset for an accounting period, prorated in the first period.
- COUPDAYBSReturns the days from the start of the coupon period to the settlement date.
- COUPDAYSReturns the number of days in the coupon period that contains the settlement date.
- COUPDAYSNCReturns the days from the settlement date to the next coupon date.
- COUPNCDReturns the next coupon date after the settlement date.
- COUPNUMReturns the number of coupons payable between the settlement date and maturity.
- COUPPCDReturns the coupon date on or before the settlement date.