quite a few people address me as to the meaning of day-count convention.
Day-count convention means a system used to determine the number of days between two coupon dates, which is important in calculating accrued interest and present value when the next coupon payment is less than a full coupon period away. Each bond market has its own day-count convention.
There are several different types of day-count conventions. For example, a 30/360 day-count convention assumes there are 30 days in a month and 360 days in a year. An actual/actual day-count convention uses the actual number of days in the month and year for a given interest period.
This concept might sound illogical. After all, regardless of the particular bond market there will always be 365 days in a year! Nevertheless, these conventions are standards that have developed over time and help to ensure that everybody is on an even playing field when a bond is sold between coupon dates.
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Trade forex » The signals of Forex trading signal Signals
explaining a self investing foreign currency exchange server rating and evaluation concept
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Posted 1 month ago #
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i read the implication that the Omani Rial is forecast to climb vs. the Polish Zloty as we get to the end of the month is somehow connected to the fact that the changes in the furniture market will affect the foreign exchange in Warszawa and awaken the industry that if true could possibly explain the rising of the OMR.
Posted 1 month ago # -
1'd better pay negligible attention to trade ing tips like the implication that OMR-PLN is supposed to climb up towards the 23rd this month, and concentrate on events related to the primary sector industry, for example the fact that OMR-PLN rates will be affected by the fluctuations in the machine tool market, and therefore will move upwards, if yuo are interested in learning the present forex balance.
Posted 1 month ago #
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