Re: [Quantlib-users] Fixed rate bond

[Dagur G. <da...@ko...>]

Hello,

The rate is accrued over the whole period, so in at the maturity date the
bond pays a coupon for the whole livetime of the bond, and the principal.

regards
Dagur G

On Tue, Jan 10, 2012 at 8:17 AM, Luigi Ballabio <lui...@gm...>wrote:

> On Mon, Jan 9, 2012 at 11:59 PM, StephenWong <ste...@gm...>
> wrote:
> > Dagur Gunnarsson-2 wrote:
> >> Is there a simple way to simulate a bond(fixed rate) that pays a single
> >> coupon on the maturity day as well as the principal
> >
> > Looks like you can do this with a combination of a fixed rate bond with
> > regular coupon (at least once a year), then subtract that with a series
> of
> > fixed rate bonds with the same coupon but shorter duration + a series of
> > zero coupon bonds with the same maturities as the series of fixed rate
> bonds
> > except the original bond. The combination would be what you want.
>
> Or you could just use a fixed rate bond with all coupons except the
> last paying a null rate, or you can create a schedule with null
> frequency.  It depends on how the final payment accrues. Is the rate
> accrued over the whole duration of the bond, or just a subperiod?
>
> Luigi
>
>
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