Glossary

30/360 ISDA (30/360)

Other names: Bond Basis, 30-360 U.S. Municipal

Start date: M1/D1/Y1
End date: M2/D2/Y2

Day count = (Y2-Y1)*360+(M2-M1)*30+(D2-D1)

Convention:
• if D1=31 then D1=30
• if D2=31 and D1=30 then D2=30

All methods of calculating the number of days between dates you can find in Bond Calculator Guide.
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