16.1.1 Discount Factor Calculation
Discount Factor is calculated as = E ^ (-RT),
Where:
T = Tenor in Years and is calculated as = (Payment Date of a record of an event– As of Date) / 365, and R= Discount Rate for that event in a percentage format.
Discount Factor is calculated as = E ^ (-RT),
Where:
T = Tenor in Years and is calculated as = (Payment Date of a record of an event– As of Date) / 365, and R= Discount Rate for that event in a percentage format.