INTRATE function
Returns the interest rate for a fully invested security.
Syntax
INTRATE(settlement, maturity, investment, redemption, [basis])Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| settlement | Yes | Required. The security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer."2008-2-15" |
| maturity | Yes | Required. The security's maturity date. The maturity date is the date when the security expires."2008-5-15" |
| investment | Yes | Required. The amount invested in the security.10000000 |
| redemption | Yes | Required. The amount to be received at maturity.10144200 |
| basis | No | Optional. The type of day count basis to use.2 |
Try INTRATE
Annualise a gain on a fully invested security
=INTRATE(A2,B2,C2,D2,3)The gain is 50 on investment 1000. Basis 3 annualises that 5% holding-period gain by 365/181, without modelling compounding during the holding period.
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INTRATE · top-level call
=INTRATE(A2,B2,C2,D2,3)1 / 5 · settlement
Required. The security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.
INTRATE reference ↗Follow the cells behind a result
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Reference and compatibility
Univer 1.0.4 / Apache-2.0. Calculation checks cover the supplied examples only. The browser worksheet does not implement every Excel feature, external service or connected data type.