DayCount
Either a single number denoting the DayCount method, or a number in the form ww.ss where ww is the daycount of whole periods and ss applies to stub periods. See Using Daycount.
Example: 1
Variable Values
Default(s)
5 Decimal Year (ACTM/12): ActualMonths / 12
Switches
0 30/360 PSA
1 ACT/ACT (365 or 366)
2 ACT/360: ActualDaysInPeriod / 360
3 ACT/365: ActualDaysInPeriod / 365
4 30E/360: Also known as European 30/360. Standard bond literature definition.
5 Decimal Year (ACTM/12): ActualMonths / 12
6 ACT/ACT (in period)
7 30/360 PSA
8 ACT (Non Leap)/365: Same as ACT/365 but ignoring Feb 29
9 30/365: Standard bond literature definition (same as 30/360 but with 365 denominator)
10 30/360 ISDA
11 30/360 ISDA + Feb Adj
12 ISDA + Feb EOM Adj