Glossary

Actual/Actual (ISDA) (Act/Act, Actual/Actual, Act/ISDA)

Category — Day Count Conventions
This convention accounts for days in the period based on the portion in a leap year and the portion in a non-leap year.
Day count fraction = Days in leap year / 366 + Days not in leap year / 365.

Example - DZ BANK, 0.32% 15dec2020, EUR.

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