Meaning day-count convention
What does day-count convention mean? Here you find 3 meanings of the word day-count convention. You can also add a definition of day-count convention yourself
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day-count conventionThe convention regulating the number of days included in the calculation of interest on credits. The Eurosystem applies the day-count convention actual/360 in its monetary policy operations.
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day-count conventionis a method of counting the days between coupon dates.
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day-count conventionDay-count convention determines how interest accrues over time for a variety of investments including: bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements (FRAs). Thi [..]
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