Spread.NET 17 Formula Reference
Formula Functions / Functions T to Z / TBILLPRICE
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    This function returns the price per $100 face value for a Treasury bill (or T-bill).




    This function has these arguments:

    Argument Description
    settle Settlement date for the Treasury bill
    mature Maturity date for the Treasury bill
    discount Discount rate for the Treasury bill


    This function returns a #VALUE! error when settle or mature is invalid. Settle and mature are truncated to integers. If discount is less than or equal to 0, a #NUM! error is returned. If settle is greater than mature or if mature is more than one year after settle, a #NUM! error is returned.

    Data Types

    Accepts numeric and DateTime object data for all arguments. Returns numeric data.



    TBILLPRICE("3/31/2003","6/1/2003",0.065)gives the result $98.88055556

    Version Available

    This function is available in product version 1.0 or later.

    See Also

    TBILLEQ | TBILLYIELD | Financial Functions