TBILLPRICE function
Summary
Returns the price per $100 face value for a Treasury bill
Syntax
TBILLPRICE(settlement, maturity, discount)
Important: Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.
The TBILLPRICE function syntax has the following arguments:
• Settlement Required. The Treasury bill's settlement date. The security settlement date is the date after the issue date when the Treasury bill is traded to the buyer.
• Maturity Required. The Treasury bill's maturity date. The maturity date is the date when the Treasury bill expires.
• Discount Required. The Treasury bill's discount rate.
The TBILLPRICE function syntax has the following arguments:
• Settlement Required. The Treasury bill's settlement date. The security settlement date is the date after the issue date when the Treasury bill is traded to the buyer.
• Maturity Required. The Treasury bill's maturity date. The maturity date is the date when the Treasury bill expires.
• Discount Required. The Treasury bill's discount rate.
Example
=TBILLPRICE(A2,A3,A4)