[Quantlib-users] Issue with Payment Schedule in QuantLib Python

[Pranay P. <pra...@cr...>]

  I am encountering an issue with the Schedule class in QuantLib while
trying to generate a payment schedule. Below is the scenario I am working
with:

*Issue Date:* 1 January 2025
*Maturity Date:* 31 August 2025
*First Stub Date:* 31 January 2025
*Calendar Holiday:* 31 March 2025 (specified in the calendar)
*End-of-Month (EOM):* True

this is my Code snippet
payment_schedule = ql.Schedule(
    issueDate,
    maturityDate,
    ql.Period(fromFrequency),
    calendar,
    ql.Following,
    ql.Unadjusted,
    dategeneration,
    eom,
    firststubdate
)

  Even though I have specified ql.Following for the date adjustment
convention, the schedule generates a date of 30 March 2025 instead of the
expected 1 April 2025. Given the holiday on 31 March 2025 and the End-of-Month
(EOM) flag being set to True, I expected the date to roll forward to 1
April 2025.

My evaluation is Schedule class is giving preference to the 'eom' flag, not
allowing me to choose next month's date according to the ql.Following
Can u help me with this how can i approach this  problem

Thanks