oBondCH_Price( ) - Switzerland Government Bond Price Function


Component	Resolution - Bond Pricing

Function Definition	oBondCH_Price(Yield, Settlement Date, DatedDate, FirstCpnDate, MaturityDate, FaceValue, CouponRate, OutputFlag) Calculates bond price using the Swiss Government bond pricing conventions. Returns the bond's clean price, dirty price, accrued interest, as well as the risk statistics.

Bond Types	Switzerland Government bonds (SGB's).

Function Parameters

Parameters		Description	Parameter Type	Restrictions
.
Yield		The redemption yield for the bond.	Double	Yield >= 0
Settlement Date		Valuation date of the bond.	Date	SetDate < MatDate SetDate >DatedDate
Dated Date		Date on which the bond begins to accrue interest.	Date	DatedDate<MatDate
First CpnDate		Date that the first coupon is paid. Only required if bond has an odd first coupon period. If not required, leave either blank or enter 0 as the date.	Date	F.C.D > DatedDate F.C.D < P.C.D F.C.D < MatDate
Maturity Date		Maturity date of the bond.	Date	MatDate > DatedDate
Face Value		Redemption value for the bond paid at maturity.	Double	FaceValue >= 0
Coupon Rate		Coupon rate of the bond, expressed as a decimal.	Double	Coupon Rate >= 0
Output Flag		Indicates which result, or set of results, will be displayed in the worksheet. When returning more than one value, the function must be entered as an array function. Entering a 0 will output: Yield, Clean Price, Accrued Interest, Dirty Price, Macaulay Duration, Modified Duration, Convexity, and Present Value of a Basis Point. Entering a 4 will output: Macaulay Duration, Modified Duration, Convexity, and Present Value of a Basis Point.	Enumerated Constant	0 - All eight outputs 1 - Clean Price only 2 - Acc Interest only 3 - Dirty Price only 4 - Risk Statistics 5 - Mac Duration 6 - Mod Duration 7 - Convexity only 8 - PVBP only