Glossary
NL/365 (Actual/365 No Leap year, NL 365)
Category —
Day Count Conventions
If February 29 is not in the period then the actual number of days between dates is used. Otherwise, the actual number of days minus 1 is used.
Day count basis = 365.
All methods for calculating the number of days between dates can be found at Bond Calculator Guide.
Day count basis = 365.
All methods for calculating the number of days between dates can be found at Bond Calculator Guide.
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