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Adjust any non-working days to a nearby business day in a given calendar

Source: R/adjust_to_bizday.R
adjust_to_bizday.Rd

Adjust any non-working days to a nearby business day in a given calendar

Usage

adjust_to_bizday(
  date,
  calendar,
  bdc = c("Preceding", "ModifiedPreceding", "ModifiedFollowing", "Following",
    "Unadjusted", "HalfMonthModifiedFollowing", "Nearest")
)

Arguments

date

A vector of dates (Date object or coercible with as.Date()).

calendar

(character) A QuantLib calendar id (the vector qlcal::calendars lists all valid options).

bdc

(character) A QuantLib business-day convention. Defaults to "Preceding": the previous business day, even if that falls in the prior month. See the QuantLib weekday correction docs for the other conventions.

Value

A vector of Date objects, the same length as date, with any non-working dates adjusted according to bdc. Working days are left unchanged.

See also

qlcal::calendars(), qlcal::adjust(), bizday_of_period()

Examples

# July 4 is a US holiday, but not a UK holiday
adjust_to_bizday(c("2025-07-03", "2025-07-04"), "UnitedStates")
#> [1] "2025-07-03" "2025-07-03"
adjust_to_bizday(c("2025-07-03", "2024-07-04"), "UnitedKingdom")
#> [1] "2025-07-03" "2024-07-04"

# a month-end weekend stays in its own month
adjust_to_bizday("2025-08-30", "UnitedStates")
#> [1] "2025-08-29"
adjust_to_bizday("2025-08-30", "UnitedStates", bdc = "Following")
#> [1] "2025-09-02"