Documentation/Calc Functions/TBILLPRICE

Function name:
TBILLPRICE

Category:
Financial Analysis

Summary:
Calculates the price of a treasury bill per 100 currency units.

Syntax:
TBILLPRICE(Settlement; Maturity; Discount)

Returns:
Returns a real number which is the price per 100 face value 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).

Discount is a positive real number or a reference to the cell containing that number which is the discount of security as a percentage or fraction.


 * 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 Discount 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/TBILLYIELD TBILLYIELD]

ODF standard:
Section 6.12.48, part 2

Equivalent Excel functions:
TBILLPRICE