Adjust a date to a valid business day according to a specified business day convention and calendar. If the date falls on a weekend or holiday, it will be moved to the nearest valid business day based on the convention. Essential for ensuring payment dates, settlement dates, and trade dates fall on valid business days.
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Date to adjust in ISO format (YYYY-MM-DD)
"2024-12-25"
Business day adjustment convention. Following: next business day. Modified Following: next business day unless it crosses month boundary, then previous. Preceding: previous business day. Modified Preceding: previous business day unless it crosses month boundary, then next. Unadjusted: no adjustment
Following, Modified Following, Preceding, Modified Preceding, Unadjusted "Modified Following"
Calendar to use for determining business days
US, UK, TARGET, Japan, Weekend "US"