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BondTerrier |
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conheady@telfer.uottawa.ca |
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For accounting for non-convertible bond liability life-cycle events, see: |
bondbeagle.com |
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bondlabrador.com |
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BondTerrier deals with: |
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· Straight-line or effective-interest-rate amortization of the discount/premium. |
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· The application of the book value (required by IFRS) and market value methods upon conversion of the bonds. |
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BondTerrier does not deal with: |
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· Accounting for non-convertible bond liability life-cycle events: see |
bondbeagle.com |
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bondlabrador.com |
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· Defeasance. |
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· Serial bonds. |
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· Troubled debt restructuring: see |
bomode.telfer.uottawa.ca/tdr/tdr_sheet.aspx |
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Constraints: |
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· 1, 2 or 4 interest payments, in cash, per year. |
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· Assumes issuance, call, and conversion occur on interest payment anniversary dates. |
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· Ignores bond issuance costs. |
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· The stated (coupon) interest rate must be >= 0%. The yield, if known, must be > 0%. |
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· Assumes interest payments occur on either the first or the last day of a month. |
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· Percent of bonds converted: 0% to 100%. |
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· Percent of bonds called: 0% to 100%. |
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· Call price as a % of face value must be > 0%. |
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· Maximum of one conversion event during the bond's life-cycle. |
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· Maximum of one issuer-call event during the bond's life-cycle. |
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· Number of decimal places for the present value calculations: 3, 4, 5, 6, 7 or 8. |
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· The amortization table displays a maximum of 40 interest payment periods. |
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BondTerrier output: |
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BondTerrier (c) Brian A. Conheady. All Rights Reserved. |
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63 |
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68 |
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70 |
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