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COUPNCD

Returns the next coupon date after the settlement date

Syntax

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

Parameters

  • settlement: Required. The security's settlement date
  • maturity: Required. The security's maturity date
  • frequency: Required. The number of coupon payments per year
  • basis: Optional. The type of day count basis

Example

=COUPNCD("01/25/2024", "11/15/2027", 2, 1)
Returns: Date serial numberSince: Excel 2003