The two volumes of Standard Securities Calculation Methods, which have defined the industry standards for fixed income calculations for more than 50 years,
have been updated and revised in the new Fourth Edition.
Volume 1 contains the price, yield, and accrued interest formulas needed for the accurate computations required for trading, settlement, regulatory
reporting, and operations of fixed income securities in the United States.
Volume 2 provides formula and methodologies to compute interest payment dates and the respective cash flows and to use those dates and
cash flows to calculate numerous analytic measures such as duration and convexity.
For more details on the specific volumes and the updates and new additions, please select "Volume 1" or "Volume 2" from the menu under Books.
In addition to the hard cover print format both volumes are available in paper back print format and
Web format. The Interactive Book on the Web is
subscription based and uniquely, will receive updates automatically as they become available.
To review sample pages from both volumes in both the print format and the web format please select "Samples" from the menu under Books.
Both Volumes contain extensive "Benchmark" calculation examples to facilitate the testing of software implementations of the formulas they contain.
Complementing the printed Benchmarks is a newly available interactive Benchmarking and Validation Calculator. The Benchmarking and Validation Calculator Website will support
all of the calculations and security types in the two volumes. To try a demonstration version of the Benchmarking and Validation Calculator, limited to Municipal - Interest at Maturity securities,
please select "Calculator" from the menu.
New for 2026, Standard Securities Calculation Methods is now available for Developers and AI agents as REST APIs, an AI-native MCP Server, and a high performance SDK.
Visit api.sscmfi.com for more information.