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360-day calendar
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=== [[Bond Market Association|BMA]]/[[Public Securities Association|PSA]] method === Source:<ref name="FinCad" /><ref name="NYIFT" /><ref name="derivatepricing_com" /> : If date A falls on the 31st of a month or last day of February, then date A will be changed to the 30th. : If date A falls on the 30th of the month after applying the rule above, and date B falls on the 31st of the month, then date B will be changed to the 30th. : All months are considered to last 30 days and hence a full year has 360 days.
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