|
- UID
- 223304
- 帖子
- 278
- 主题
- 129
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-22
|
After thinking about this, I guess it is just a matter of convention. The BDY is 2 * the semi-annual yield so when you have the annual rate of 0.0537787 and you want to go back to semi-annual, you have to think in terms of 1/2 a year so the exponent is 0.5, not 180 days.
Let me know if my reasoning is incorrect, thanks. |
|
发表于 2013-4-22 12:24
|