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Month-to-date (MTD) is a period starting at the beginning of the current calendar month and ending on either the current date or the last business day before the current date. Month-to-date is used in many contexts, mainly for recording results of an activity in the time between a date (exclusive, since this day may not yet be "complete") and ...
Where t is the last day of the month, w t is the ISO weekday number of the last day of the month, w 1 is the ISO weekday number of the first day of the month and n and w are as defined above. Examples
If D 1 is the last day of the month, then change D 1 to 30. If D 2 is the last day of the month (unless Date2 is the maturity date and M 2 is February), then change D 2 to 30. Other names: 30E/360 ISDA; Eurobond basis (ISDA 2000) German; Sources: ISDA 2006 Section 4.16(h). [6]
The last week of the ISO week-numbering year, i.e. W52 or W53, is the week before W01 of the next year. This week's properties are: It has the year's last Thursday in it. It is the last week with a majority (4 or more) of its days in December. Its middle day, Thursday, falls in the ending year. Its last day is the Sunday nearest to 31 December.
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For example, if the fiscal year end month is August, the company's year end could fall on any date from August 25 to August 31. In particular, the last fiscal week is the one that includes August 25 and the first fiscal week of the following year is the one that includes September 1. In this scenario, fiscal years would end on the following days:
9/xi/06, 9.xi.06, 9-xi.06, 9/xi-06, 9.XI.2006, 9. XI. 2006 or 9 XI 2006 (using the Roman numeral for the month) – In the past, this was a common and typical way of distinguishing day from month and was widely used in many countries, but recently this practice has been affected by the general retreat from the use of Roman numerals.
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