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

[Roshan Y. <er....@gm...>]

QuantLib applies the EOM (End of Month) rule, overriding the standard
convention, which ensures that payment dates are always set to the end of
the month.

On Fri, 17 Jan, 2025, 7:22 pm Pranay Patil, <
pra...@cr...> wrote:

>   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
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