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Glossary

Actual/Actual (ISMA) (Actual/Actual (ICMA))

Category — Day Count Conventions
All coupon payments are always for the same amount, all days in a coupon period are valued equally.
Day count fraction = Days between start and end days/ (Frequency * Days in current coupon period).

Example - BayernLB, 0.07% 6feb2023, EUR.

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