Navigation:  Formula Reference > Spreadsheet Formula Functions >

COUPDAYS

Previous pageReturn to chapter overviewNext page

 

This function returns the number of days in the coupon period that contains the settlement date.

Syntax

COUPDAYS(settlement,maturity,frequency,basis)

Arguments

This function has these arguments:

Argument

Description

settlement

Settlement date for the security

maturity

Maturity date for the security

frequency

Frequency of payment, number of coupon payments per year; must be 1, 2, or 4

basis

[Optional] Integer representing the basis for day count (Refer to Day Count Basis.)

Remarks

This function returns an error if settlement or maturity is invalid (#VALUE!), or if frequency is a number other than 1, 2, or 4 (#NUM!). All arguments are truncated to integers. If basis is greater than 4 or less than 0, a #NUM! error is returned. If settlement is greater than or equal to maturity, a #NUM! error is returned.

Data Types

Accepts numeric and DateTime object data. Returns numeric data.

Examples

COUPDAYS(A1,A2,A3,A4)

 

See Also

COUPDAYBS

DURATION