365-day calendar

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A 365-day calendar consists of exactly 365 days per year (no leap days), and is primarily used in computer models[1] and as an assumption in every-day calculations. For example, a calculation of a daily rate may use an annual total divided by exactly 365.

Interest rates in some banks are calculated using a 365-day calendar.[2]

Other 365-day calendars[edit]

See also[edit]

References[edit]

  1. ^ Such as in the NetCDF CF conventions – http://cfconventions.org/Data/cf-convetions/cf-conventions-1.7/build/cf-conventions.html#calendar
  2. ^ "Determining Bond and Treasury Bill Prices and Yields". Government of Canada Securities, Department of Finance.