YIELD function
Returns the yield on a security that pays periodic interest
Syntax
YIELD(settlement, maturity, rate, pr, redemption, frequency, [basis])Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| settlement | Yes | The security's settlement date."2008-11-11" |
| maturity | Yes | The security's maturity date."2021-3-1" |
| rate | Yes | The security's interest rate.7.85% |
| pr | Yes | The security's price per $100 face value.98.45 |
| redemption | Yes | The security's redemption value per $100 face value.100 |
| frequency | Yes | The number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4.2 |
| basis | No | The type of day count basis to use.1 |
Try YIELD
Retain an exact zero implied yield
=YIELD(DATE(2026,1,15),DATE(2056,1,15),A2,B2,C2,D2,E2)A zero-coupon claim settled exactly thirty years before redemption at 100 is quoted at 100. Its implied annual rate is exactly zero; a negative rounding residue is not needed.
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YIELD · top-level call
=YIELD(DATE(2026,1,15),DATE(2056,1,15),A2,B2,C2,D2,E2)Follow the cells behind a result
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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.