Posts tagged with convention:
Interest calculation basis 30/360, ACTUAL/360, ACTUAL/365 - exampleHow should I calculate interest using basis 30/360, ACTUAL/360, ACTUAL/365 and ACTUAL/ACTUAL ? What is the difference between calculations ? Can you please give some examples...
Best / worst interest day-count convention for borrower / lender.Which interest day-count convention is considered the best or worst for money borrowers and lenders? For example, how do I know if 30/360 is better than 30/actual ?
Best / worst interest day-count convention for borrower / lender.Which interest day-count convention is considered the best or worst for money borrowers and lenders? For example, how do I know if 30/360 is better than 30/actual ?
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