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Glossary

30E+/360

Category — Day Count Conventions
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 then D2.M2.Y2 is the first day of the next month ((D2=1; Y2=Y2+integer part((M2+1)/12); M2 = the remainder on division of (M2+1) by 12).

All methods for calculating the number of days between dates can be found at Bond Calculator Guide.
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