Home > Date And Time > Year fractions computation > Actual360 day count convention > The end dates do not involve last day of February
Report generated 11-04-2023 10:42

Actual360 Day Count Convention

  Actual360   Windows   Day Count Convention

The end dates do not involve last day of February

Scenario Outline

Given the dates <start date> and <end date>
When the Actual360 day count convention is used
Then the year fraction should be <day count fraction>

Examples: 

# Start Date End Date Day Count Fraction
1 2006-08-20 2007-02-20 0.511111111
2 2007-02-20 2007-08-20 0.502777778
3 2007-08-20 2008-02-20 0.511111111
4 2008-02-20 2008-08-20 0.505555556
5 2008-08-20 2009-02-20 0.511111111
6 2009-02-20 2009-08-20 0.502777778
Steps Outcome
1: The end dates do not involve last day of February ({start date=2006-08-20, end date=2007-02-20, day count fraction=0.511111111})
SUCCESS 018ms
2: The end dates do not involve last day of February ({start date=2007-02-20, end date=2007-08-20, day count fraction=0.502777778})
SUCCESS 024ms
3: The end dates do not involve last day of February ({start date=2007-08-20, end date=2008-02-20, day count fraction=0.511111111})
SUCCESS 017ms
4: The end dates do not involve last day of February ({start date=2008-02-20, end date=2008-08-20, day count fraction=0.505555556})
SUCCESS 018ms
5: The end dates do not involve last day of February ({start date=2008-08-20, end date=2009-02-20, day count fraction=0.511111111})
SUCCESS 018ms
6: The end dates do not involve last day of February ({start date=2009-02-20, end date=2009-08-20, day count fraction=0.502777778})
SUCCESS 016ms
SUCCESS 0.14s
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