Re: Bonds sample

Posted by Piter Dias-3 on
URL: http://quantlib.414.s1.nabble.com/Bonds-sample-tp12365p12366.html

Nicolai,

>> what is the reasoning behind the fact 
>> that one has to create a schedule (for coupons) and provide it to the bond 
>> constructor, instead of providing the necessary information to the bond 
>> constructor and then have it construct the needed schedule? 

It is more generic and make easy to implement non regular cashflows. I could use  it in a securitization product we had in my last job, for example. 

> I don't have access to the code right now, but if I remember right the 
> input frequency is used in order to calculate the actual coupon 
> payment from the coupon rate, and it might be different from the 
> frequency used to calculate the yield,

This is the case for Brazil. We have the NTN-F public bond quoted at Annual Business/252 but whose coupon generation follows Annual 30/360.

Regards,

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