Example: Number of Payable Coupons
In this example, the settlement date is 11/11/86. The number of payable coupons between this date and the maturity date is returned.
import com.imsl.finance.*;
import java.text.*;
import java.util.*;
public class coupnumEx1 {
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;
int coupnum = Bond.coupnum(settlement, maturity, freq, dcb);
System.out.println("The number of coupons payable between the " +
"\nsettlement date and the maturity date is " + coupnum);
}
}
Output
The number of coupons payable between the
settlement date and the maturity date is 25
Link to Java source.