Accrued interest rate of an inflation-indexed bond formula

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Description of the Accrued interest rate of an inflation-indexed bond formula

Formula for the calculation of the accrued interest rate of an inflation-indexed bond.

Formula

C C = C N \cdot \frac{n b j_{p c d \to v d}}{n b j_{n c d \to p c d}} \cdot c i_{v}

Symbols

c i_{v}

Indexation factor at value date

C N

Nominal coupon rate

d_{p \to v}

Number of days between the last coupon date and the value date

n b j_{p c d \to n c d}

Number of days between the last coupon date and the next coupon date

Additional information related to this formula

Related definitions from the glossary of financial terms

Accrued interest • Bond • Coupon • Inflation-linked bond

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