How system calculates the Unrealized or Realized gain or loss in Discounted Securities Deal (NI). Se
| Tenure 6 Month - Treasury Bills | |
|---|---|
| Issue Date | 10-Sep-09 |
| Maturity Date | 11-Mar-10 |
| Settlement Date | 10-Sep-09 |
| Days to Maturity | 182days |
| Face Value | 66,000,000.00 |
| Yield | 12.5 |
| Price | 94.1328 |
| Total Check Amount | 62,127,648.00 |
Based on the above scenario system is calculating the Effective Interest 400,948.39 for period from (10 Sep 2009 to 30th Sep 2009). Also the the system is calculating the Discount Rate 2.694007 which I do not know how system calculating it I have also attached it .
System is also calculating the ending Fair Value which is 65,215,408.47 and Gain and Loss amount 2,686,812.08 ( Also attaching it ) how system is calculating it .
Could any one reply to my query .
Best Regards
Faran Khan
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