Adjustment modes define how the system rolls dates in case of holidays in the calendar.
Field |
Description |
---|---|
Unadjusted |
Not rolled. |
Preceding |
Rolled to the previous business day. |
Following |
Rolled to the next business day. |
Nearest |
Rolled to the nearest next or previous business day. |
Modified Preceding |
Rolled to the previous business day, only if that day occurs in the same month. Otherwise, rolled to the next business day. |
Modified Following |
Rolled to the next business day, only if that day occurs in the same month. Otherwise, rolled to the previous business day. |
Modified Following Bimonthly |
Rolled to the next business day, only if that day occurs before the 15th or in the same month. Otherwise, rolled to the previous business day. |
End of Month (unadjusted) |
Rolled to the last day of the month. |
End of Month (preceding) |
Rolled to the last day of the month, then adjusted to the previous business day. |
Modified Following (year) |
Rolled to the next business day, only if that day occurs in the same year. Otherwise, rolled to the previous business day. |