/*
 Copyright (C) 2008 Srinivas Hasti

 This source code is release under the BSD License.

 This file is part of JQuantLib, a free-software/open-source library
 for financial quantitative analysts and developers - http://jquantlib.org/

 JQuantLib is free software: you can redistribute it and/or modify it
 under the terms of the JQuantLib license.  You should have received a
 copy of the license along with this program; if not, please email
 . The license is also available online at
 .

 This program is distributed in the hope that it will be useful, but WITHOUT
 ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS
 FOR A PARTICULAR PURPOSE.  See the license for more details.

 JQuantLib is based on QuantLib. http://quantlib.org/
 When applicable, the original copyright notice follows this notice.
 */

package org.jquantlib.time.calendars;

import static org.jquantlib.time.Month.December;
import static org.jquantlib.time.Month.January;
import static org.jquantlib.time.Month.May;

import org.jquantlib.lang.annotation.QualityAssurance;
import org.jquantlib.lang.annotation.QualityAssurance.Quality;
import org.jquantlib.lang.annotation.QualityAssurance.Version;
import org.jquantlib.time.Calendar;
import org.jquantlib.time.Date;
import org.jquantlib.time.Month;
import org.jquantlib.time.Weekday;

/**
 * TARGET calendar relative to the European Central Bank
 * 

* This is a holiday calendar representing the * Trans-european Automated Real-time Gross Express-settlement Transfer * system calendar. *

*

  • Saturdays
  • *
  • Sundays
  • *
  • New Year's Day, JANUARY 1st
  • *
  • Good Friday (since 2000)
  • *
  • Easter Monday (since 2000)
  • *
  • Labour Day, May 1st (since 2000)
  • *
  • Christmas, December 25th
  • *
  • Day of Goodwill, December 26th (since 2000)
  • *
  • December 31st (1998, 1999, and 2001)
  • * * @see European Central Bank * * @author Srinivas Hasti * * @category calendars */ @QualityAssurance(quality = Quality.Q3_DOCUMENTATION, version = Version.V097, reviewers = { "Richard Gomes" }) public class Target extends Calendar { // // public constructors // public Target() { impl = new Impl(); } // // private final inner classes // private final class Impl extends Calendar.WesternImpl { @Override public String name() { return "TARGET"; } @Override public boolean isBusinessDay(final Date date) { final Weekday w = date.weekday(); final int d = date.dayOfMonth(), dd = date.dayOfYear(); final Month m = date.month(); final int y = date.year(); final int em = easterMonday(y); if (isWeekend(w) // New Year's Day || (d == 1 && m == January) // Good Friday || (dd == em - 3 && y >= 2000) // Easter Monday || (dd == em && y >= 2000) // Labour Day || (d == 1 && m == May && y >= 2000) // Christmas || (d == 25 && m == December) // Day of Goodwill || (d == 26 && m == December && y >= 2000) // December 31st, 1998, 1999, and 2001 only || (d == 31 && m == December && (y == 1998 || y == 1999 || y == 2001))) { return false; } return true; } } }

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