TRUECALC
Functions

COUPPCD

Previous coupon date before settlement

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When to use it

When should I use COUPPCD?

Use COUPPCD to find the coupon date immediately before the settlement date — typically needed to calculate how much interest has accrued since the last payment.

Used in

finance

Syntax

COUPPCD(settlement, maturity, frequency, [basis])

Examples

=COUPPCD(DATE(2010,2,1),DATE(2019,12,31),4) // => 40178
=COUPPCD(DATE(2011,1,25),DATE(2011,11,15),2,1) // => 40497

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