Learn How to use Microsoft Excel COUPDAYBS Function

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In this article, you will learn how to use the Microsoft Excel COUPDAYBS function and its prime function in Microsoft Excel. You will also get to know the Microsoft Excel COUPDAYBS function return value and syntax with the help of some examples.

Microsoft Excel COUPDAYBS Function

The main purpose of the Microsoft Excel COUPDAYBS function is to get the days from the coupon period to the settlement date. That implies, with the help of the COUPDAYBS function you can able to return the number of days from the beginning of the coupon period to the settlement date. So, with the help of the COUPDAYBS function, you can able to get the days from the coupon period to the settlement date.

Return Value of COUPDAYBS Function

The return value will be the days as a number.

Syntax of COUPDAYBS Function

=COUPDAYBS(settlement, maturity, frequency [basis])

Where the arguments:

• settlement: This is the settlement date of the security.
• maturity: This is the maturity date of the security.
• frequency: This is the number of coupon payments per year, where annual = 1, semi-annual = 2, and quarterly = 4.
• basis: This is the day count basis, default is 0 (optional).

How to Use Microsoft Excel COUPDAYBS Function?

So we know that Microsoft Excel COUPDAYBS function you can able to get the days from coupon period to settlement date. That implies, with the help of the COUPDAYBS function you can able to return the number of days from the beginning of the coupon period to the settlement date. So, with the help of the COUPDAYBS function, you can able to get the days from the coupon period to the settlement date.