Syntax. ODDFPRICE(Settlement,Maturity,Issue,First_Coupon,Rate,Yld,Redemption, Frequency,Basis)
Definition. Calculates the price of a fixed-interest security while taking into consideration the first interest period, which is shorter or longer than the remaining regular interest periods (quarter, half year, entire year).
Settlement (required) The date when the loan becomes the property of the purchaser.
Maturity (required) The date when the repayment of the certified amount takes place.
Issue (required) The date of the emission of the security.
First_Coupon (required) The date of the first interest payment.
Rate (required) The nominal yield (annual interest rate) of the bond.
Yld (required) The market interest rate of bonds of the ...