ACCRINT DAX Function (Financial)

Returns the accrued interest for a security that pays periodic interest.

Syntax

ACCRINT ( <Issue>, <First_interest>, <Settlement>, <Rate>, <Par>, <Frequency> [, <Basis>] [, <Calc_method>] )
Parameter Attributes Description
Issue

The security’s issue date.

First_interest

The security’s first interest date.

Settlement

The security’s settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.

Rate

The security’s annual coupon rate.

Par

The security’s par value.

Frequency

The number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4.

Basis Optional

The type of day count basis to use.

Calc_method Optional

A logical value that specifies the way to calculate the total accrued interest when the date of settlement is later than the date of first_interest. A value of TRUE (1) returns the total accrued interest from issue to settlement. A value of FALSE (0) returns the accrued interest from first_interest to settlement. If you do not enter the argument, it defaults to TRUE.

Return values

Scalar A single decimal value.

Last update: Sep 23, 2020   » Contribute   » Show contributors

Contributors: Alberto Ferrari, Marco Russo

MSDN documentation: https://support.microsoft.com/en-us/office/accrint-function-fe45d089-6722-4fb3-9379-e1f911d8dc74

Context Transition

This function performs a Context Transition if called in a Row Context. Click to read more.

Row Context

This expression is executed in a Row Context. Click to read more.

Iterator

Not recommended

The use of this function is not recommended. See Remarks and Related functions for alternatives.

Not recommended

The use of this parameter is not recommended.

Deprecated

This function is deprecated. Jump to the Alternatives section to see the function to use.

Deprecated

This parameter is deprecated and its use is not recommended.

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