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TBILLPRICE function

Returns the price per 100 face value of a Treasury bill.

Syntax

=TBILLPRICE(settlement, maturity, discount)

Arguments

ArgumentRequiredDescription
settlementRequiredThe settlement date
maturityRequiredThe maturity date (at most one year later)
discountRequiredThe discount rate

How to use TBILLPRICE

TBILLPRICE takes 3 required arguments. Type =TBILLPRICE( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.

Examples

Each result below was calculated by the SheetsBat formula engine.

=TBILLPRICE(DATE(2008,3,31), DATE(2008,6,1), 0.09)Result 98.45

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