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Real-world workflow

Use Case

Estimate Accrued Interest at Settlement

Turn days since the last coupon into an accrued interest add-on for dirty settlement price.

16 August 2026 By Tools.Town Team 5 min read

Steps

  1. Find the last coupon date and next coupon date (or period length).
  2. Count days since the last coupon.
  3. Open the Bond Accrued Interest Calculator.
  4. Add accrued to the clean price for a rough dirty settlement estimate.

Frequently Asked Questions

Clean vs dirty?

Clean is often the screen quote; dirty ≈ clean + accrued.