A day count convention determines how interest is calculated over a period of time for fixed income instruments.
The most widely used day count conventions are –
30/360
Actual / Actual
Actual / 365
Actual / 360
Actual / 364
A day count convention determines how interest is calculated over a period of time for fixed income instruments.
The most widely used day count conventions are –
30/360
Actual / Actual
Actual / 365
Actual / 360
Actual / 364
A public issue in which the company in consultation with the lead manager decides on the price at which the shares will […]
Securities issued to existing investors as on a specific cut-off date, enabling them to buy more securities at a specific price.
Shares issued by companies to their shareholders free of cost by capitalization of accumulated reserves from the profits earned in the earlier […]
When a seller is not in a position to deliver the securities he has sold, the buyer sends in his application for […]