TBILLYIELD function
Returns the yield for a Treasury bill
Syntax
TBILLYIELD(settlement, maturity, pr)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" |
| pr | Yes | The Treasury bill's price per $100 face value.98.45 |
Try TBILLYIELD
Annualise a bill gain relative to purchase price
=TBILLYIELD(A2,B2,D2)The gain of 1.25 is divided by price 98.75, then multiplied by 360/90. This price-based yield differs from the face-value discount rate of 5%.
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TBILLYIELD · top-level call
=TBILLYIELD(A2,B2,D2)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.