Enum DateRollingConvention

pub enum DateRollingConvention {
    Actual,
    Following,
    ModifiedFollowing,
    Preceding,
    ModifiedPreceding,
    ModifiedRolling,
}

Date rolling business day conventions.

From Wikipedia (https://en.wikipedia.org/wiki/Date_rolling): “”“ In finance, date rolling occurs when a payment day or date used to calculate accrued interest falls on a holiday, according to a given business calendar. In this case the date is moved forward or backward in time such that it falls in a business day, according with the same business calendar. “”“

Variants

Actual

Actual: paid on the actual day, even if it is a non-business day.

Following

Following business day: the payment date is rolled to the next business day.

ModifiedFollowing

Modified following business day: the payment date is rolled to the next business day, unless doing so would cause the payment to be in the next calendar month, in which case the payment date is rolled to the previous business day. Many institutions have month-end accounting procedures that necessitate this.

Preceding

Previous business day: the payment date is rolled to the previous business day.

ModifiedPreceding

Modified previous business day: the payment date is rolled to the previous business day, unless doing so would cause the payment to be in the previous calendar month, in which case the payment date is rolled to the next business day. Many institutions have month-end accounting procedures that necessitate this.

ModifiedRolling

Modified Rolling business day: the payment date is rolled to the next business day. The adjusted week date is used for the next coupon date. So adjustments are cumulative (excluding month change).

Trait Implementations

impl Clone for DateRollingConvention

fn clone(&self) -> DateRollingConvention

Returns a copy of the value.

fn clone_from(&mut self, source: &Self)

Performs copy-assignment from source.

impl Debug for DateRollingConvention

fn fmt(&self, f: &mut Formatter<'_>) -> Result<(), Error>

Formats the value using the given formatter.

impl Default for DateRollingConvention

fn default() -> DateRollingConvention

Default date rolling convention: Actual (paid on the actual day, even if it is a non-business day.)

impl Display for DateRollingConvention

fn fmt(&self, f: &mut Formatter<'_>) -> Result<(), Error>

Formats the value using the given formatter.

impl PartialEq for DateRollingConvention

fn eq(&self, other: &DateRollingConvention) -> bool

Tests for self and other values to be equal, and is used by ==.

fn ne(&self, other: &Rhs) -> bool

Tests for !=. The default implementation is almost always sufficient, and should not be overridden without very good reason.

impl Copy for DateRollingConvention

impl Eq for DateRollingConvention

impl StructuralPartialEq for DateRollingConvention