TRUECALC
Functions

ACCRINTM

Accrued interest at maturity

Try it

When to use it

When do I use ACCRINTM instead of ACCRINT?

Use ACCRINTM for discount instruments or bonds that pay all interest at maturity (no interim coupon payments); use ACCRINT when the bond pays periodic coupons.

Used in

finance · lending

Syntax

ACCRINTM(issue, settlement, rate, par, [basis])

Examples

=ACCRINTM(DATE(1969,12,31),DATE(1999,12,31),0.05,100,0) // => 150
=ACCRINTM(DATE(1969,12,31),DATE(1999,12,31),0.05,100,1) // => 150
=ACCRINTM(DATE(2008,4,1),DATE(2008,6,15),0.1,1000,3) // => 20.54794520547945

On this page