fmdates: Financial Market Date Calculations

Description Usage Arguments Details Value See Also

This calculates the years between two dates using the actual/360 day basis convention. This convention counts the number of calendars between the start and end dates and assumes a year consists of 360 days. This is also known as the A/360, Act/360 or French day basis convention.

1	actual_360(date1, date2)

`date1`	A date-time object
`date2`	A date-time object

The year fraction is calculated as:

\frac{Number of calendar days}{360}

The order of date1 and date2 is not important. If date1 is less than date2 then the result will be non-negative. Otherwise, the result will be negative.

a numeric value representing the number of years between date1 and date2.

Other counter methods: actual_365, actual_actual_isda, is_valid_day_basis, thirty_360_eu_isda, thirty_360_eu_plus, thirty_360_eu, thirty_360_us, thirty_360, year_frac