day_count_convention

The day count convention is the standardised methodology for calculating the number of days between two dates. It is used to calculate the amount of accrued interest or the present value.

├── act_360
├── act_365
├── act_act
├── std_30_360
└── std_30_365

act_360

Calculate the daily interest using a 360-day year and then multiplies that by the actual number of days in each time period.

act_365

Calculate the daily interest using a 365-day year and then multiplies that by the actual number of days in each time period.

act_act

Calculate the daily interest using the actual number of days in the year and then multiplies that by the actual number of days in each time period.

std_30_360

Calculate the daily interest using a 360-day year and then multiplies that by 30 (standardised month).

std_30_365

Calculate the daily interest using a 365-day year and then multiplies that by 30 (standardised month).