tmval.nom_int_from_nom_int

tmval.conversions.nom_int_from_nom_int(im: float, m: float, new_m: float) → tmval.conversions.RateTemplate

A nominal/effective interest/discount rate converter. Given a nominal interest rate, along with a desired compounding frequency, returns a nominal interest rate at the desired compounding frequency.

Parameters

• im (float) – the nominal interest rate.

• m (float) – the compounding frequency

• new_m (float) – the desired compounding frequency.

Returns

a nominal interest rate, compounded new_m times per year.

Return type

RateTemplate