INTRATE

settlement: settlement date

maturity: maturity date

investment: amount paid on settlement

redemption: amount received at maturity

basis: calendar basis

INTRATE calculates the interest of a fully vested security.

If basis is 0, then the US 30/360 method is used. If basis is 1, then actual number of days is used. If basis is 2, then actual number of days is used within a month, but years are considered only 360 days. If basis is 3, then actual number of days is used within a month, but years are always considered 365 days. If basis is 4, then the European 30/360 method is used.

RECEIVED.