Description Of Keys - Monroe 3180 User Manual

DISPLAY This key is used with the other keys to display the current values stored in the TRADER II.
The result of pressing the DISPLAY key, if any, will be explained as each key is defined
below.
C/CE (Clear/Clear Entry) When an entry is not being made, single depression of C/CE clears
any pending arithmetic sequence in progress, any constant, as well as the entry disply,
allowing you to start the calculation over. This may be referred to as the clear function.
During a numeric entry, single depression of this key clears the display and allows you to
re-enter without disturbing the calculation in progress. This may be referred to as the
clear entry function.
A double depression (two consecutive depressions) of C/CE at any time executes the
clear function.
CODE The entry of this key determines the formula and day count basis used in subsequent
calculations. Refer to Appendix B for a more complete list of securities and their day
count basis. TRADER II groups security instruments into 6 general categories.
Type of Ssecurity
Municipal, Corporate, Agency Bonds
U.S. Government Bonds
Municipal Noted
Actual 360 Notes
Actual 365 Notes
Treasury Bills, Discount Securities
Stepped Coupon Bonds
Each category is based on:
1) Interest Classification – method and timing of interest payments
a) PER
b) MAT
c) DISC
d) STEP
2) The calendar – method used to count the number of days between two dates.
a) 30/360
b) ACT/ACT
c) ACT/365
d) ACT/360
3) Industry Rules
a) Municipal Securities Rulemaking Board
b) National Association of Securities Dealers

DESCRIPTION OF KEYS

- Periodic Coupon
- At Maturity
- Discounted
- Periodic with two coupon periods
-30 days in each month; 360 days per year
-Actual days in each month; Actual days per year
-Actual days in each month; 365 days per year
-Actual days in each month; 360 days per year
MONROE TRADER II
Security Code
0 PER 30/360
1 PER ACT/ACT
2 MAT 30/360
3 MAT ACT/360
4 MAT ACT/365
5 DISC ACT/360
6 STEP 30/360
5