ODDFPRICE DAX Function (Financial)

Returns the price per $100 face value of a security having an odd (short or long) first period.

Syntax

ODDFPRICE ( <Settlement>, <Maturity>, <Issue>, <First_coupon>, <Rate>, <Yld>, <Redemption>, <Frequency> [, <Basis>] )
Parameter Attributes Description
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.

Maturity

The security’s maturity date. The maturity date is the date when the security expires.

Issue

The security’s issue date.

First_coupon

The security’s first coupon date.

Rate

The security’s interest rate.

Yld

The security’s annual yield.

Redemption

The security’s redemption value per $100 face 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.

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-gb/office/oddfprice-function-d7d664a8-34df-4233-8d2b-922bcf6a69e1

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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