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TBILLYIELD

Syntax: TBILLYIELD(S, M, D)

S = Settlement date
M = Maturity date
D = Discount rate of Treasury bill

TBILLYIELD returns the yield on a treasury bill, given settlement date S, maturity date M, and discount rate D. Dates must be expressed as serial date values.

Example:

TBILLYIELD(DATE(93, 4, 2), DATE(93, 7, 5), 97.585) = 0.09478

Excel function: N/A


next up previous contents index
Next: TERM Up: A. Function Reference Previous: TBILLPRICE   Contents   Index
SpreadScript User's Guide, Version 1.2
Grey Trout Software
02 March 2003