A finite-element-based vectorial optical mode solver is used to analyze microstructured optical waveguides. By employing 1st-order Bayliss-Gunzburger-Turkel-like transparent boundary conditions, both the real and imaginary part of the modal indices can be calculated in a relatively small computational domain. Results for waveguides with either circular or non-circular microstructured holes, solid- or air-core will be presented, including the silica-air Bragg fiber recently demonstrated by Vienne et al. (Post-deadline Paper PDP25, OFC 2004). The results of solid-core structures are in good agreement with the results of other methods while the results of air-core structure agree to the experimental results.
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