Syntax
=COUPNUM(settlement, maturity, frequency, [basis])Arguments
| Argument | Required | Description |
|---|---|---|
settlement | Required | The settlement date of the security |
maturity | Required | The maturity date |
frequency | Required | Coupon payments per year: 1, 2 or 4 |
basis | Optional | The day count basis, 0 to 4 |
How to use COUPNUM
COUPNUM takes 3 required arguments and 1 optional argument. Type =COUPNUM( 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.
=COUPNUM(DATE(2007,1,25), DATE(2008,11,15), 2, 1)Result Related financial functions
- 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.
- COUPPCDReturns the coupon date on or before the settlement date.
- CUMIPMTReturns the total interest paid on a loan between two periods.
- CUMPRINCReturns the total principal paid on a loan between two periods.
- DBReturns the depreciation of an asset for a period with the fixed declining balance method.
- DDBReturns the depreciation of an asset for a period with the double declining balance method or another factor.