7/28/2019 Settlement Bond Calculator

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Dated date 1/15/2009Next interest payment date 7/15/2009 181 no. of days this six months unadjusted price 100.359375

Settlement date 6/19/2009 155 no. of days accrued adjusted price 99.577575coupon 0.02500

per 1,000 25 annual interest par purchased 1,000,000.0012.5 semiannual interest

unrounded 0.06906077348066 Inflation adjustment -7,790.0000000unadjusted accrued interest per $1000 rounded 5 10.70442inflation index on settlement day 0.99221 premium(discount) 3,565.75000000

adjusted accrued interest per $1000 rounded 5 10.62103995,775.7500000

Accrued interest 10,621.03

Settlement cost 1,006,396.78

1,006,396.78

0.00

7/28/2019 Settlement Bond Calculator

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1,003,593.75

-11,383.75

992,210.00

9,922.10995,775.75

3,565.75

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Red values are your inputs

Inputs example Input Values Definitions

Unadjusted Price 100.359375 100.359375 This is the price per $100 before multiplying by the inCoupon Interest Rate 2.500% 2.500% This is the fixed-interest percentage at an annual rat

Par purchased $1,000,000 $1,000,000 This is the total amount of face value purchased exp

Index-ratio on settlement date 0.99221 0.99221Settlement date 6/19/2009 6/19/2009 This is the date payment is made expressed as mm/Next interest payment date 7/15/2009 7/15/2009 This is the next interest payment date to calculate ac

ResultsAdjusted Price 99.577575 99.577575Par purchased $1,000,000.00 $1,000,000.00Inflation adjustment -$7,790.00 -$7,790.00 Tax Note:1 The change in Inflation adjustment is taxable annuall

Premium(Discount) $3,565.75 $3,565.75 Tax Note:2 The Premium(Discount) is subject to tax over the lifeGross Amount $995,775.75 $995,775.75Accrued Interest 10,621.03 10,621.03 Tax Note:3 Accrued Interest is tax deductible.

Total Settlement Cost $1,006,396.78 $1,006,396.78

Adjusted Par Holdings $992,210.00 $992,210.00

Note: For unoffical use only

In versions of Excel prior to

Excel 2007, the EOMONTH

function is a part of the

Analysis Toolpak. If you getan error when you try to

use the function, you can

make sure the toolpak is

loaded in this manner:

1. oose - ns rom

the Tools menu. Excel

displays the Add-Ins

dialog box.

Settlement Calculator for Coupon Notes and Bonds including TIPS

***To find the index ratios, go to http://www.treasuryd

This is the inflation adjustment, above one is inflation

7/28/2019 Settlement Bond Calculator

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2. Make sure the

Analysis Toolpak check

box is selected.3. Click on OK.

7/28/2019 Settlement Bond Calculator

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dex-ratio, expressed to 6 decimal places.

expressed to 3 decimal places.ressed in $100 increments.

dd/yyyy

crued interest expressed as mm/dd/yyyy

y.

of the security.

irect.gov/instit/annceresult/tipscpi/tipscpi_hiscpi.htm. Note: for non-TIPS, use 1.00000

and below one is deflation, expressed to 5 decimal places.***