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TBILLEQ function

The TBILLEQ function is one of the financial functions. It is used to calculate the bond-equivalent yield of a Treasury bill.

Syntax

TBILLEQ(settlement, maturity, discount)

The TBILLEQ function has the following arguments:

ArgumentDescription
settlementThe date when the Treasury bill is purchased.
maturityThe date when the Treasury bill expires. This date must be within one year of the settlement date.
discountThe discount rate of the Treasury bill.
Notes

Dates must be entered by using the DATE function.

How to apply the TBILLEQ function.

Examples

The figure below displays the result returned by the TBILLEQ function.

TBILLEQ Function

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