The TBILLYIELD function is one of the financial functions. It is used to calculate the yield of a Treasury bill.
The TBILLYIELD function syntax is:
TBILLYIELD(settlement, maturity, pr)
settlement is the date when the Treasury bill is purchased.
maturity is the date when the Treasury bill expires. This date must be within one year of the settlement date.
pr is the purchase price of the Treasury bill, per $100 par value.
Note: dates must be entered by using the DATE function.
The values can be entered manually or included into the cell you make reference to.
To apply the TBILLYIELD function,
The result will be displayed in the selected cell.
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