Hi all,I have some problems with the exact yield calculation of Turkey Government Bonds (in comparison to Bloomberg). They have a 182D coupon frequency and the DCC is "act/act" but I don't know which yield method they use.Now I'm searching for a book/paper/documentation of the calculation but couldn't find anything.Does anyone have seen such a documentation?(for example I have found a documentation for the canadian government bonds http://www.iiac.ca/resources/267/canadi ... 1-2007.pdf and now i'm trying to find a similar one for Turkey)Many ThanksDenny

what are you looking for in detail ?

Hi Recep,I have several question regarding the calculation.I think the most parts of the calculation I already have. But at the end I have to make sure that my calculations are valid for all TURKGB, thats the reason why I asking for a "official" documentation (I already had a look on the internet side of Istanbul Stock Exchange and some other sides but couldn't find anything.)I think the calculation of the cashflows is straight forward (Coupon/2). But is this always valid? Could it happen that the cashflow changes because of an ajustment of the cashflow date (Usance=following)?The days between two coupon payments are always 182 days?The calculation of the accrued interest should be Coupon*Days/182?!The used Yield convention seems to be the SIA convention. Here I'm not really sure?Kind regardsDenny

QuoteOriginally posted by: FirstDDHi all,I have some problems with the exact yield calculation of Turkey Government Bonds (in comparison to Bloomberg). They have a 182D coupon frequency and the DCC is "act/act" but I don't know which yield method they use.Now I'm searching for a book/paper/documentation of the calculation but couldn't find anything.Does anyone have seen such a documentation?(for example I have found a documentation for the canadian government bonds http://www.iiac.ca/resources/267/canadi ... 1-2007.pdf and now i'm trying to find a similar one for Turkey)Many ThanksDennyHi Recep, I cannot recommend any particular book or documentation but I can recommend a place to find datasets in clear and simplistic presentation if you want. See this graph if you want to get an idea of Turkish Government Bond yield. http://www.quandl.com/EUROSTAT-EuroStat ... ity-Turkey. You can compare the results of the calculation with the intercepts of this graph. Hope it helps!