YIELDMAT function
Returns the annual yield of a security that pays interest at maturity
Syntax
YIELDMAT(settlement, maturity, issue, rate, pr, [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" |
| issue | Yes | The security's issue date."2008-10-15" |
| rate | Yes | The security's interest rate.7.85% |
| pr | Yes | The security's price per $100 face value.98.45 |
| basis | No | The type of day count basis to use.1 |
Try YIELDMAT
Infer simple yield for an interest-at-maturity security
=YIELDMAT(A2,B2,C2,D2,E2,0)The maturity receipt is 103, while clean price plus accrued interest is 103/1.01. The remaining 90/360 year therefore earns 1%, which annualises to 4% under this simple-yield convention. Dates and basis must match the PRICEMAT setup; this is not a compound annual return.
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YIELDMAT · top-level call
=YIELDMAT(A2,B2,C2,D2,E2,0)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.