<div class="raw-html-embed"><p>The <b>COUPNCD</b> function is one of the <a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/UsageInstructions/InsertFunction.aspx#financial" onclick="onhyperlinkclick(this)">financial functions</a>. It is used to calculate the next coupon date after the settlement date.</p>
			<h5 class="pt8">Syntax</h5> 
			<p><b><em>COUPNCD(settlement, maturity, frequency, [basis])</em></b></p> 
			<p>The <b>COUPNCD</b> function has the following arguments:</p>
            <table style="width: 40%">
                <tbody><tr>
                    <th style="background-color: #f4f4f4" width="150ch"><b>Argument</b></th>
                    <th style="background-color: #f4f4f4"><b>Description</b></th>
                </tr>
                <tr>
                    <td><b><em>settlement</em></b></td>
                    <td>The date when the security is purchased.</td>
                </tr>
                <tr>
                    <td><b><em>maturity</em></b></td>
                    <td>The date when the security expires.</td>
                </tr>
                <tr>
                    <td><b><em>frequency</em></b></td>
                    <td>The number of interest payments per year. The possible values are: 1 for annual payments, 2 for semiannual payments, 4 for quarterly payments.</td>
                </tr>
                <tr>
                    <td><b><em>basis</em></b></td>
                    <td>The day count basis to use, a numeric value greater than or equal to 0, but less than or equal to 4. It is an optional argument. The possible values are listed in the table below.</td>
                </tr>
            </tbody></table>
            
            <p>The <b><em>basis</em></b> argument can be one of the following:</p>
            
            <table style="width: 40%">
                <tbody><tr>
                    <th style="background-color: #f4f4f4"><b>Numeric value</b></th>
                    <th style="background-color: #f4f4f4"><b>Count basis</b></th>
                </tr>
                <tr>
                    <td><b><em>0</em></b></td>
                    <td>US (NASD) 30/360</td>
                </tr>
                <tr>
                    <td><b><em>1</em></b></td>
                    <td>Actual/actual</td>
                </tr>
                <tr>
                    <td><b><em>2</em></b></td>
                    <td>Actual/360</td>
                </tr>
                <tr>
                    <td><b><em>3</em></b></td>
                    <td>Actual/365</td>
                </tr>
                <tr>
                    <td><b><em>4</em></b></td>
                    <td>European 30/360</td>
                </tr>
            </tbody></table>
            <h5 class="pt8">Notes</h5>
            <p>Dates must be entered by using the <a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/Functions/date.aspx" onclick="onhyperlinkclick(this)">DATE</a> function.</p>			
			<p><a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/UsageInstructions/InsertFunction.aspx#applyfunction" onclick="onhyperlinkclick(this)">How to apply</a> the <b>COUPNCD</b> function.</p>
			
			<h5 class="pt8">Examples</h5>
            <p>The figure below displays the result returned by the <b>COUPNCD</b> function.</p>
			<p><img alt="COUPNCD Function" src="https://static-helpcenter.teamlab.info/coupncd_c9780b399b.png"></p></div>

COUPNCD function 

Docs

Argument	Description
*settlement*	The date when the security is purchased.
*maturity*	The date when the security expires.
*frequency*	The number of interest payments per year. The possible values are: 1 for annual payments, 2 for semiannual payments, 4 for quarterly payments.
*basis*	The day count basis to use, a numeric value greater than or equal to 0, but less than or equal to 4. It is an optional argument. The possible values are listed in the table below.

Numeric value	Count basis
0	US (NASD) 30/360
1	Actual/actual
2	Actual/360
3	Actual/365
4	European 30/360

COUPNCD function

Syntax

Notes

Examples

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