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
The total market value of a Company, calculated by multiplying the number of shares issued and outstanding by their current market price.
SCSB is a bank which offers the facility of applying through the ASBA process. A bank desirous of offering ASBA facility is […]
An order book is a list of orders that represents different offers from buyers and sellers for a specific security. It shows […]
The excess subscription amount received by the company in case of an oversubscribed IPO is called oversubscription.