A decimal representing the portion of an annual yield earned in one day. Daily factors are often reported alongside current annualized yield figures, and can be translated back to the current yield by multiplying the number by 365.

For example, a certificate of deposit that trades for a current annual yield of 5.35% will show a daily factor of (.0535 / 365) or .000146575

Daily factors are small amounts to be sure, but many high-level banking and trust institutions will provide this daily interest calculation to their most important institutional accounts. The larger the pool of invested assets becomes, the more meaningful a daily factor calculation will be to the current account balances.

Daily factors are also frequently shown for Treasury bond quotes.

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… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

www.tandfonline.com [PDF]

… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

www.tandfonline.com [PDF]

… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

www.tandfonline.com [PDF]

… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

www.mitpressjournals.org [PDF]

… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

books.google.com [PDF]

… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

www.tandfonline.com [PDF]

… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

www.tandfonline.com [PDF]

… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

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… is more prone to specification errors as a full system of equations and latent factors are required … In particular, using a dynamic factor state-space model and the Kalman filter, one models the … However, given that the focus of this article is the high-frequency daily financial data, we …

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