Lesson 2 of 34 min

The release calendar

Without Daily liquidity, each IDDO releases once a month, always on the same day. That day depends on the IDDO start date.

The rule

  • IDDO started between the 1st and 10th: releases every 10th.
  • Started between the 11th and 20th: releases every 20th.
  • Started on the 21st or later: releases every 1st.

The first release

The first release happens in the month following the start. Examples:

  • Start on 03/05: first release on 04/10.
  • Start on 03/15: first release on 04/20.
  • Start on 03/25: first release on 05/01.

After that

Every month, on the same day, everything posted up to that point goes out.

Summary

  • Day 1 to 10 releases on the 10th; 11 to 20 releases on the 20th; 21 onward releases on the 1st.
  • The first release happens in the month following the start.

Quick check

An IDDO started on 06/12. On what day does it release?
An IDDO started on 08/03. When is the first release?