COUPNCD Function in Excel: Next Coupon Date

⏱ 1 min readUpdated 28 September 2026

FinancialLevel: ExpertAvailable in: Excel 2007+

In this article
  1. Syntax
  2. Examples
  3. Example 1
  4. Related functions

COUPNCD returns the next coupon date after settlement — useful for cash-flow calendars of a bond portfolio.

Syntax

=COUPNCD(settlement, maturity, frequency, [basis])
Argument What it means
maturity Maturity date.

Examples

Example 1

=COUPNCD(TODAY(), DATE(2031,4,1), 2)

Next interest date; format the cell as a date.

COUPNUM · ACCRINT

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