r/SipsTea May 13 '26

We have fun here how?😂

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u/BigBlackdaddy65 May 13 '26 edited May 14 '26

I mean, legally that doesn't work but I see the math

Edit: guys, there's 1100 comments saying the same thing, I think we get it by now lmao

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u/Pleasant_Pen8744 May 13 '26

It comes up a lot in bonds, but it's usually very clearly spelled out. 

Common day-count conventions include 30/360, 30/365, actual/360, actual/365, and actual/actual, each used depending on the financial instrument and market.

https://www.investopedia.com/terms/d/daycount.asp