busdate (Financial Toolbox)

busdate
Next or previous business day

Syntax

Busday = busdate(Date, Direction, Holiday)

Arguments

Date
Reference date. Enter as serial date number or date string.

Direction
(Optional) Direction. 1 = next (default) or -1 = previous business day.

Holiday
(Optional) Vector of holidays and nontrading-day dates. All dates in Holiday must be the same format: either serial date numbers or date strings. (Using serial date numbers improves performance.) The holidays function supplies the default vector.

`Date`	Reference date. Enter as serial date number or date string.
`Direction`	(Optional) Direction. `1` = next (default) or `-1` = previous business day.
`Holiday`	(Optional) Vector of holidays and nontrading-day dates. All dates in Holiday must be the same format: either serial date numbers or date strings. (Using serial date numbers improves performance.) The `holidays` function supplies the default vector.

Description
Busday = busdate(Date, Direction, Holiday) returns the serial date number of the next or previous business day from the reference date.

Use the function datestr to convert serial date numbers to formatted date strings.

Examples

Busday = busdate('3-Jul-2001', 1, holidays)
Busday =

     731037

datestr(Busday)

ans =

05-Jul-2001

See Also
holidays, isbusday

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