
Below are a list of all available day count conventions in the system and explanations on how they work.
In below formulas  Date1 should be viewed as the 'start date' and Date2 as 'end date' in the calculations.
Name  Description  Aliases  
Act/Act ISDA  Counts the actual days and years of all occasions. Formulas: This convention accounts for days in the period based on the portion in a leap year and the portion in a nonleap year. 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. .NET Includes first day and excluding last day. 20191231 – 20200131 (1 day / 365) + (30 / 366) 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. The formula applies to both regular and irregular coupon periods.  Act/Act ISDA
 
Act/Act ICMA  Counts the actual days and years according to the act/act ICMA convention This method ensures that all coupon payments are always for the same amount. For irregular coupon periods, the period has to be divided into one or more quasicoupon periods (also called notional periods) that match the normal frequency of payment dates. The interest in each such period (or partial period) is then computed, and then the amounts are summed over the number of quasicoupon periods. It also ensures that all days in a coupon period are valued equally. However, the coupon periods themselves may be of different lengths; in the case of semiannual payment on a 365day year, one period can be 182 days and the other 183 days. In that case, all the days in one period will be valued 1/182nd of the payment amount and all the days in the other period will be valued 1/183rd of the payment amount. Ex på bruten period. Den första ränteperioden är från 20150911 till 20160229 vilket ger 171 dagar. Om icke bruten period så hade perioden varit 182 dgr (150831160229). Day conv blir då 171/364 dagar. Note, Fixing period 1M does not work wring days in February. Fixing period 6M or 1Y works fine! Task #46137 
 
Act/365 F  Counts the actual days, but always uses 365 as denominator. Each month is treated normally and the year is assumed to be 365 days. For example, in a period from February 1, 2005 to April 1, 2005, the Factor is considered to be 59 days divided by 365. 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. The formula applies to both regular and irregular coupon periods 
 
Act/360  Counts the actual days, but always uses 360 as denominator. Each month is treated normally and the year is assumed to be 360 days. For example, in a period from February 1, 2005 to April 1, 2005, the Factor is 59 days divided by 360 days. 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. The formula applies to both regular and irregular coupon periods. 
 
D30/360 ISDA Bond Basis  Counts days according to the 30/360 ISDA convention. This convention is exactly as 30/360 US below, except for the first two rules. Note that the order of calculations is important

 
D30E/360 Eurobond  Counts days according to the 30E/360 convention. Often referred to as Eurobond Basis included in ISDA 2006.

 
D30/360 US  Counts days according to the 30/360 US convention. Date adjustment rules (more than one may take effect; apply them in order, and if a date is changed in one rule the changed value is used in the following rules):

 
D30E/360 ISDA  Counts days according to the 30E/360 ISDA convention. Is the pre year 2000 Eurobond Basis. If (DAY1=31) or (DAY1 is the last day of February), Set D1=30 otherwise Set D1=DAY1 If (DAY2=31) or (DAY2 is last day of February but not the Termination date), Then set D2=30 Otherwise set D2=DAY2 Today no adjustments are made for termination date. 

The below list is day count conventions which is not available in the system because they are very
rare in the Nordics and we do not know any customers that have used them or uses them today.
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