TRUECALC
Functions

TBILLYIELD

T-bill yield

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When to use it

When should I use TBILLYIELD?

Use TBILLYIELD to compute the yield of a Treasury bill from its purchase price — useful when evaluating whether a T-bill available at a given market price meets a target return.

Used in

finance

Syntax

TBILLYIELD(settlement, maturity, pr)

Examples

=TBILLYIELD(DATE(2010,1,2),DATE(2010,12,31),98.45) // => 0.015613916532703153

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