Actual over 360 is a day count convention for calculating interest accrued on U.S. Treasury bills and other money market instruments. This method uses the actual number of days in a month and 360 days in a year for calculating interest payments.
Latest Articles Related to Actual / 360
If you find this information useful, please help us by sharing it with others.
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.