Coupon date, previous (before settlement)

Returns a number that represents the coupon date before settlement date.

Syntax

Couppcd Basis = 0(Settlement, Maturity, Frequency)

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• Basis is a parameter that indicates the time-count basis to be used.

• Settlement is the settlement date. This is the date, after issue, on which the security is traded.

• Maturity is the maturity date. This is the date on which the security expires.

• Frequency is the number of coupon payments per year. The only valid values are, 1, 2 and 4 where annual payments =1, semiannual payments =2, and quarterly payments =4.

For additional information on this function, refer to the MicroStrategy Functions Reference.