Table of Contents
The TBILLYIELD function is a useful tool in Google Sheets that allows users to calculate the yield or return on a Treasury bill investment. To use this function, simply input the settlement date, maturity date, and discount rate of the Treasury bill into the function syntax. The result will be the annualized yield of the investment. This function can be helpful for investors or financial analysts looking to quickly and accurately calculate the yield on Treasury bills.
TBILLYIELD
Calculates the yield of a US Treasury Bill based on price.
Sample Usage
TBILLYIELD(DATE(2010,1,2), DATE(2010,12,31), 98.45)
TBILLYIELD(A2,B2,C2)
Syntax
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.
Notes
TBILLYIELDrequires the maturity date to be no more than a year after the settlement date.settlementandmaturityshould be entered usingDATE,TO_DATEor other date parsing functions rather than by entering text.TBILLYIELDis equivalent to usingYIELDDISCwith US Treasury Bill conventions for the absent parameters.
See Also
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.
Examples
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Cite this article
stats writer (2024). How can I use the TBILLYIELD function in Google Sheets?. PSYCHOLOGICAL SCALES. Retrieved from https://scales.arabpsychology.com/stats/how-can-i-use-the-tbillyield-function-in-google-sheets/
stats writer. "How can I use the TBILLYIELD function in Google Sheets?." PSYCHOLOGICAL SCALES, 29 Jun. 2024, https://scales.arabpsychology.com/stats/how-can-i-use-the-tbillyield-function-in-google-sheets/.
stats writer. "How can I use the TBILLYIELD function in Google Sheets?." PSYCHOLOGICAL SCALES, 2024. https://scales.arabpsychology.com/stats/how-can-i-use-the-tbillyield-function-in-google-sheets/.
stats writer (2024) 'How can I use the TBILLYIELD function in Google Sheets?', PSYCHOLOGICAL SCALES. Available at: https://scales.arabpsychology.com/stats/how-can-i-use-the-tbillyield-function-in-google-sheets/.
[1] stats writer, "How can I use the TBILLYIELD function in Google Sheets?," PSYCHOLOGICAL SCALES, vol. X, no. Y, ص Z-Z, June, 2024.
stats writer. How can I use the TBILLYIELD function in Google Sheets?. PSYCHOLOGICAL SCALES. 2024;vol(issue):pages.
