WorksheetFunction.AccrInt Method (Excel)
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WorksheetFunction.AccrInt Method (Excel)

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

expression .AccrInt(Arg1, Arg2, Arg3, Arg4, Arg5, Arg6, Arg7)

expression A variable that represents a WorksheetFunction object.

Parameters

Name

Required/Optional

Data Type

Description

Arg1

Required

Variant

Issue date - Security's issue date.

Arg2

Required

Variant

First interest - Security's first interest date.

Arg3

Required

Variant

Settlement - Security's settlement date

Arg4

Required

Variant

Rate - Security's annual coupon rate.

Arg5

Required

Variant

Par - Security's par value.

Arg6

Required

Variant

Frequency - Number of coupon payments per year.

Arg7

Optional

Variant

Basis - The type of day count basis to use.

Return Value

Double

Important note Important

Dates should be entered using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

The following table describes the values that can be used for Arg5.

Basis

Day count basis

0 or omitted

US (NASD) 30/360

1

Actual/actual

2

Actual/360

3

Actual/365

4

European 30/360

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