DAY COUNT
30E/360
A European 30/360 convention that standardizes certain month-end dates to day 30.
Market use
Used for some fixed-income instruments.
What it means
A European 30/360 convention that standardizes certain month-end dates to day 30.
Example
Do not substitute US 30/360 rules without checking documentation.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.