TBILLYIELDCalculates the yield of a US Treasury Bill based on price.
TBILLYIELD(DATE(2010,1,2), DATE(2010,12,31), 98.45)
TBILLYIELD(settlement, maturity, price)
settlement – The settlement date of the security, the date after issuance when the security is delivered to the buyer.
maturity – The maturity or end date of the security, when it can be redeemed at face or par value.
price – The price at which the security is bought.
TBILLYIELD requires the maturity date to be no more than a year after the settlement date.
settlement and maturity should be entered using DATE, TO_DATE or other date parsing functions rather than by entering text.
TBILLYIELD is equivalent to using YIELDDISC with US Treasury Bill conventions for the absent parameters.
YIELDDISC: Calculates the annual yield of a discount (non-interest-bearing) security, based on price.
YIELD: Calculates the annual yield of a security paying periodic interest, such as a US Treasury Bond, based on price.