Full price, Accrued Interest and Flat price in the middle of a coupon period: Consider a...

Full price, Accrued Interest and Flat price in the middle of a coupon period: Consider a gilt (UK government bond) paying interest on 14 May and 14 November, maturing on 14 November 2022. The coupon on the bond is 5%, and the gilt market uses the Act/Act convention. Calculate the full price, accrued interest and flat price if the bond is traded for settlement on 12 October 2019 at a yield to maturity of 5.5%.

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jeff jeffy answered 1 year ago

consider a 5% semiannual coupon government bond that matures on 15 february 2024 accrued interest on...

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