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Accrued Interest Calculator for Bonds/Debt Instruments

All fields are required *. Refer to bond prospectus for these field values.
Par/Nominal Value:
Previous Coupon Date (MM/DD/YYYY):
Next Coupon Date (MM/DD/YYYY) :
Settlement Date (MM/DD/YYYY):
Coupon Rate (%):
Frequency: Annual     Half yearly     Quarterly   
DayCount Convention:

Act/Act Methods

Actual/Actual ICMA
Actual/Actual ISDA
Actual/365 Fixed
Actual/360
Actual/364
Actual/365L
NL/365

30/360 Methods

30/360
30/360 US
30E/360
30E/360 ISDA
30E+/360

Accrued Interest

Fill in all details and Click Calculate for Answer

Tips

*ACTUAL/ACTUAL is same as Act/Act ICMA, ISMA-99, Act/Act ISMA.
** 30/360 is same as 30/360 ICMA, 30S/360, Eurobond basis (ISDA 2006) and Special German.
Bond's 'dirty' price = Bond's 'clean' price + accrued interest.
Day Count Conventions:
  • Actual/Actual: Applicable to most Government bonds (gilts) and many corporate bonds. All date counts taken at actuals
  • 30/360: Used by many corporate bonds. Assumes 30 days for each month, even where months may have 28, 29 or 31 days
  • 30E/360: A slight modification of 30/360 convention common in the Eurobond market.If either the previous coupon date or the settlement date falls on the 31st of any month, it is assumed to be the 30th
  • ACTUAL/360: Used by some supranational and corporate bonds
  • ACTUAL/365:Used by some supranational and corporate bonds
Disclaimer:
The author accepts no liability, arising from inaccuracies and/or mistakes, for decisions and/or actions taken by any party based on this calculator.Send feedback, report bugs, send suggestions or request features at: bhaskar@knowpapa.com