5. The market standard is Actual/360. Care needs to be taken since in practice there may be a difference between the accrual dates and the actual payment dates. In particular the actual final payment date at maturity is usually holiday/weekend adjusted while the final accrual date is not.

..................Content has been hidden....................

You can't read the all page of ebook, please click here login for view all page.
Reset
3.144.248.24