<div class="raw-html-embed">The INTRATE function is one of the <a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/UsageInstructions/InsertFunction.aspx#financial" onclick="onhyperlinkclick(this)">financial functions</a>. It is used to calculate the interest rate for a fully invested security that pays interest only at maturity.
 <h5 class="pt8">Syntax</h5>
 INTRATE(settlement, maturity, investment, redemption, [basis])
 The INTRATE function has the following arguments:
 <table style="width: 40%">
 <tbody><tr>
 <th style="background-color: #f4f4f4" width="150ch">Argument</th>
 <th style="background-color: #f4f4f4">Description</th>
 </tr>
 <tr>
 <td>settlement</td>
 <td>The date when the security is purchased.</td>
 </tr>
 <tr>
 <td>maturity</td>
 <td>The date when the security expires.</td>
 </tr>
 <tr>
 <td>investment</td>
 <td>The amount paid for the security.</td>
 </tr>
 <tr>
 <td>redemption</td>
 <td>The amount received for the security at maturity.</td>
 </tr>
 <tr>
 <td>basis</td>
 <td>The day count basis to use, a numeric value greater than or equal to 0, but less than or equal to 4. It is an optional argument. The possible values are listed in the table below.</td>
 </tr>
 </tbody></table>

 The basis argument can be one of the following:
 <table style="width: 40%">
 <tbody><tr>
 <th style="background-color: #f4f4f4">Numeric value</th>
 <th style="background-color: #f4f4f4">Count basis</th>
 </tr>
 <tr>
 <td>0</td>
 <td>US (NASD) 30/360</td>
 </tr>
 <tr>
 <td>1</td>
 <td>Actual/actual</td>
 </tr>
 <tr>
 <td>2</td>
 <td>Actual/360</td>
 </tr>
 <tr>
 <td>3</td>
 <td>Actual/365</td>
 </tr>
 <tr>
 <td>4</td>
 <td>European 30/360</td>
 </tr>
 </tbody></table>
 <h5 class="pt8">Notes</h5>
 Dates must be entered by using the <a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/Functions/date.aspx" onclick="onhyperlinkclick(this)">DATE</a> function.
 
 <a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/UsageInstructions/InsertFunction.aspx#applyfunction" onclick="onhyperlinkclick(this)">How to apply</a> the INTRATE function.
 
 <h5 class="pt8">Examples</h5>
 The figure below displays the result returned by the INTRATE function.
 <img alt="INTRATE Function" src="https://static-helpcenter.teamlab.info/intrate_4b912201df.png"></div>

INTRATE function 

Docs

Argument	Description
*settlement*	The date when the security is purchased.
*maturity*	The date when the security expires.
*investment*	The amount paid for the security.
*redemption*	The amount received for the security at maturity.
*basis*	The day count basis to use, a numeric value greater than or equal to 0, but less than or equal to 4. It is an optional argument. The possible values are listed in the table below.

Numeric value	Count basis
0	US (NASD) 30/360
1	Actual/actual
2	Actual/360
3	Actual/365
4	European 30/360

INTRATE function

Syntax

Notes

Examples

Host ONLYOFFICE Docs on your own server or use it in the cloud