Re: [Quantlib-dev] isExpired

[Luigi B. <lui...@gm...>]

On Thu, 2009-04-16 at 19:54 +0200, Ferdinando Ametrano wrote:
> > If there's no payment after the evaluation date, you can consider the
> > instrument as expired.  Unless your settlement date is _before_ the
> > evaluation date, but that's nonsense, isn't it?
> 
> Not really. I tried to price an expired (from the point of view of the
> evaluation date) bond with an YieldTermStructure whose settlement date
> was also before evaluation date, i.e. I would have liked not to care
> about the evaluation date at all.

So basically, you tried to discount to yesterday with the evaluation
date set to today?


> >> E.g. Bond::isExpired check the settlementDate() vs
> >> Settings::instance().evaluationDate().

Oh, you mean "it checks the last cash flow against the settlement date,
instead of checking it against the evaluation date".  I though you meant
"it compares the settlement date and the evaluation date".  Agreed, it
should check the evaluation date.

Luigi


-- 

To err is human -- to blame it on a computer is even more so. 
-- unknown