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Bond Accrued Interest (Actual/360) Calculator

Accrued = par · coupon% · days/360.

Compute the accrued interest on a bond between the last coupon date and the trade-settlement date using the Actual/360 day-count convention common in money-market securities and many corporate bonds. Accrued = par · annual-coupon-% · actual-days / 360.

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

$
%
days

Results

Enter values and click Calculate to see results.
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How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

Accrued = par · coupon% · days_actual / 360.

In depth

Compute the accrued interest on a bond between the last coupon date and the trade-settlement date using the Actual/360 day-count convention common in money-market securities and many corporate bonds. Accrued = par · annual-coupon-% · actual-days / 360.