Formula Generator - COUPNCD function
The COUPNCD function is used to calculate the next coupon, interest, or dividend payment date after the settlement date. It takes the settlement date, maturity date, frequency of payments, and optional day count convention as inputs. The function returns the next payment date based on the specified parameters.How to generate an COUPNCD formula using AI.
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COUPNCD formula syntax.
The COUPNCD function in Excel returns the next coupon date after the settlement date for a security with periodic interest payments. Its syntax is: COUPNCD(settlement, maturity, frequency, [basis]) - settlement: The date on which the security was purchased or settled. - maturity: The date on which the security will mature or be redeemed. - frequency: The number of coupon payments per year. - [basis]: Optional parameter that specifies the day count basis to use for calculations. If omitted, it defaults to 0 (US NASD 30/360). The COUPNCD function calculates the next coupon date by counting the number of whole periods between the settlement and maturity dates, and then adding the result to the settlement date.
Calculating Next Coupon Date
Calculates the next coupon date after the settlement date.
COUPNCD(settlement, maturity, frequency, [day_count_convention])
Calculating Next Interest Payment Date
Calculates the next interest payment date after the settlement date.
COUPNCD(settlement, maturity, frequency, [day_count_convention])
Calculating Next Dividend Payment Date
Calculates the next dividend payment date after the settlement date.