Example: Days in the Settlement Date Period
In this example, the settlement date is 11/11/86. The number of days in the coupon period containing this date is returned.
import com.imsl.finance.*;
import java.text.*;
import java.util.*;
public class coupdaysEx1 {
static final DateFormat dateFormat =
DateFormat.getDateInstance(DateFormat.SHORT, Locale.US);
static private GregorianCalendar parse(String s) throws ParseException {
GregorianCalendar cal = new GregorianCalendar();
cal.setTime(dateFormat.parse(s));
return cal;
}
public static void main(String args[]) throws ParseException {
GregorianCalendar settlement = parse("11/11/86");
GregorianCalendar maturity = parse("3/1/99");
int freq = Bond.SEMIANNUAL;
DayCountBasis dcb = DayCountBasis.BasisActual365;
double coupdays = Bond.coupdays(settlement, maturity, freq, dcb);
System.out.println("The number of days in the coupon period that " +
"contains the settlement date is " + coupdays);
}
}
Output
The number of days in the coupon period that contains the settlement date is 182.5
Link to Java source.