R11i: TRX: Consideration Amount For Actual/365 On A Fixed-Regular Bond
(Doc ID 471388.1)
Last updated on DECEMBER 15, 2021
Applies to:Oracle Treasury - Version 11.5.9 and later
Information in this document applies to any platform.
What is the formula used to calculate consideration in Fixed-Regular?
If the bond issue is defined as an Actual/365, with a Fixed-Regular coupon, the system will calculate the right coupon amounts,
but the consideration amount will be calculated using the Actual/Actual-Bond convention, instead the required Actual/365?
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