A bond's price is directly related to the settlement and maturity dates, the coupon, and the current yield of said bond (plus redemption value and basis - a.k.a. the day count convention). If, like me, you are not a financial mathematics guru you can use Microsoft excel to calculate out the prices of bonds (and yields and a bunch of other assorted bond math). Search in excel functions for the function called price (I really hope this exists in excel by default and is not a custom add-in for my office) and it will set out the parameters of the function for you. easy enough to follow once you have the function set out before you. Hope this can help you! PS. the direct answer to your question is: No. (see above)
30/360 - for corporate bonds, agency and municipal bonds, mortgage backed securities Actual/360 - for T-bills, commercial paper Actual/365 - US Treasury bonds
On any typical day, the bond market closes at 5:00 PM eastern standard time. The bond market then reopens the next day at 9:30 AM eastern standard time.
1 day, but only monday to Friday count.
It depends on how long you count. (Taylor wrotee thiss) EMS! oct 15,2009 day before my birthday!
30/360 is the day-count convention used for corporate bonds.
Actual/360 is the day-count convention used for T-bills.
Actual/360 is the day-count convention used for commercial paper.
Actual/365 is the day-count convention used for US Treasury bonds.
Act/365
act/act
Actual/365 is the day-count convention used for US Treasury bonds and notes.
I think it may be 30/360.
US T-Bills use a/360
Australian day
The Constitutional Convention, where the modern day Constitution for the United States was written.
Australia does not have a Thanksgiving day.