Documentation/Calc Functions/TBILLYIELD

Function name:
TBILLYIELD

Category:
Financial Analysis

Summary:
Calculates the yield of a treasury bill.

Syntax:
TBILLYIELD(Settlement; Maturity; Price)

Returns:
Returns a real number (expressed as a percentage or fraction) which is the yield for a treasury bill.

Arguments:
Settlement is a date or a reference to a cell containing that date which is the date of purchase of the security.

Maturity is a date or a reference to a cell containing that date which is the date on which the security matures (expires).

Price is a positive real number or a reference to the cell containing that number which is the price (purchase price) of the treasury bill per 100 currency units of par value.


 * If either Maturity or Settlement is not valid dates then the function returns an value(#VALUE!) error.
 * If Settlement date is after the Maturity date then the function returns an error value.
 * If Price is less than or equal to 0 then the function returns an error value.

Additional details:
None

Related LibreOffice functions:
[[Special:MyLanguage/Documentation/Calc_Functions/TBILLEQ TBILLEQ]

[[Special:MyLanguage/Documentation/Calc_Functions/TBILLPRICE TBILLPRICE]

ODF standard:
Section 6.12.49, part 2

Equivalent Excel functions:
TBILLYIELD