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The calendar date allows the specific day to be identified. The number of days between two dates may be calculated. For example, "25 January 2025" is ten days after "15 January 2025". The date of a particular event depends on the observed time zone.
For a trade with a time to expiry of v days, the expiry date is the day v days ahead of the horizon date (unless it is a weekend or 1 January, in which case the date is rolled forward to a weekday) and for a trade with time to expiry of x weeks, the expiry date is the day 7x days ahead of the horizon date (with the same conditions as above).
The days in the numerators are calculated on a Julian day difference basis. In this convention the first day of the period is included and the last day is excluded. The CouponFactor uses the same formula, replacing Date2 by Date3. In general, coupon payments will vary from period to period, due to the differing number of days in the periods.
To be confirmed (TBC), to be resolved (TBR), [1] or to be provided (TBP) [2] – details may have been determined and possibly announced, but are still subject to change prior to being finalized. To be arranged , to be agreed ( TBA ), to be determined ( TBD ) or to be decided [ 3 ] – the appropriateness, feasibility, location, etc. of a given ...
The calendar year has 13 months with 28 days each, divided into exactly 4 weeks (13 × 28 = 364). An extra day added as a holiday at the end of the year (after December 28, i.e. equal to December 31 Gregorian), sometimes called "Year Day", does not belong to any week and brings the total to 365 days.
Thirty Days Hath September", or "Thirty Days Has September", [1] is a traditional verse mnemonic used to remember the number of days in the months of the Julian and Gregorian calendars. It arose as an oral tradition and exists in many variants. It is currently earliest attested in English, but was and remains common throughout Europe as well. Full:
Number of days per year [22] Duration of the day: Present Current 365 24 hours −100 million years Cretaceous: 380 23 hours and 20 minutes −200 million years
A Lilian date is the number of days since the beginning of the Gregorian calendar on October 15, 1582, regarded as Lilian date 1. It was invented by Bruce G. Ohms of IBM in 1986 and is named for Aloysius Lilius, who devised the Gregorian Calendar. [1]