# Bond Accrued Interest Calculator

Bond Accrued Interest refers to the total number of interest that has been earned but not paid since its last coupon date. Bonds usually pay interest at the end of the accrued period, that is 6 months or one year. Interest for the corporate and municipal bonds are paid using a 360-day year and government bonds calculated using 365-day year. Give the amount, interest rate, time period and select bond type in this bond accrued interest calculator.

Bond Accrued Interest refers to the total number of interest that has been earned but not paid since its last coupon date. Bonds usually pay interest at the end of the accrued period, that is 6 months or one year. Interest for the corporate and municipal bonds are paid using a 360-day year and government bonds calculated using 365-day year. Give the amount, interest rate, time period and select bond type in this bond accrued interest calculator.

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#### Formula:

A = P x R x ( T / D)
B = R /D x T
**Where,**
A = Accrued Interest
P = Amount
R = Interest Rate
T = Days in Time period
D = Days in Bond
if Bond type is,
Corporate and Municipal Bonds D = 360
Government Bonds D = 365

#### Example:

** Find the accrued interest of an investment amount of 4000 $, at an interest rate of 3 % for 30 days with Corporate and Municipal Bonds. **

Bond Accrued Interest Rate = 4000 x 3 x ( 30 / 360)

=0.25

Bond Amount of Accrued Interest = 3 / 360 x 30

=10