TBILLPRICE function
Returns the price per $100 face value for a Treasury bill
Syntax
TBILLPRICE(settlement, maturity, discount)Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| settlement | Yes | The Treasury bill's settlement date."2008-3-31" |
| maturity | Yes | The Treasury bill's maturity date."2008-6-1" |
| discount | Yes | The Treasury bill's discount rate.9.14% |
Try TBILLPRICE
Price a 90-day bill from its discount rate
=TBILLPRICE(A2,B2,C2)The 90-day discount is 100*5%*90/360=1.25, giving a price of 98.75 per 100 face value. This discount convention uses a 360-day year.
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TBILLPRICE · top-level call
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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.