Understanding the Markets

Glossary

Glossary

Numbers

30/360
Also 360/360 or 30(E)/360. A day/year count convention assuming 30 days in each calendar month and a 'year' of 360 days; adjusted in America for certain periods ending on the 31 st day of the month (and then sometimes known as 30(A)/360).
360/360
Same as 30/360.

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