accrued-interest

The day count convention can be ACT/ACT (eg, US Treasury bonds), 30/360 (eg, US Corporate and municipal bonds), or ACT/360 (eg, money market instruments). The Cash Price = Quoted Price - Accrued Interest. David's XLS is here: https://www.dropbox.com/s/qag61f16fq1t3jw/072318-daycount.xlsx

Hi All, when selling bond do i need to discount the my Accrued interest amount.(Assuming Bond Pays coupon annually & sales happen in after six month, why buyer will pay me the accrued interest amount Full, in advance six month) Thanks, Om