A type of feature found in an exchange that involves automatically changing a set date (or dates). This helps in streamlining the processes of the particular exchange.
Related information about modified following:
- Modified Following Definition | Investopedia
A contractual feature in an exchange involving the implied automatic change of one or more set dates within the arrangement, such as the payment date.
- Date rolling - Wikipedia, the free encyclopedia
Modified following business day: the payment date is rolled to the next business day, unless doing so would cause the payment to be in the next calendar month, ...
- Business day conventions used for interest rate swaps & other ...
Sep 13, 2012 ... business day convention no adjustment. (2) Modified Following ... modified following business day. Note how in coupon #2 and #4 the dates ...
- Modified Following: Definition from Answers.com
Modified Following A contractual feature in an exchange involving the implied automatic change of one or more set dates within.
- Explicit Guns N' Roses Ad Modified Following Uproar | Billboard
Nov 6, 2012 ... A Las Vegas resort criticized for a suggestive ad campaign promoting Guns N' Roses shows is apologizing for the flap and changing the ...
- Modified following business day convention Definition - NASDAQ.com
Modified following business day convention: read the definition of Modified following business day convention and 8000+ other financial and investing terms in ...
- excel 2003 - Returning Modified Following business date while ...
I think this works based on your description on comments. I'm not quite sure what you mean by "previous" in the comment. Below, I'm assuming that it ...
- BBA Libor - Fixing, Value and Maturity
For all currencies, the modified following business day convention will be used in all maturities except overnight, spot/next, one week and two week periods.