Syntax
=YIELDMAT(settlement, maturity, issue, rate, pr, [basis])Arguments
| Argument | Required | Description |
|---|---|---|
settlement | Required | The settlement date |
maturity | Required | The maturity date |
issue | Required | The issue date |
rate | Required | The interest rate at issue |
pr | Required | The price per 100 face value |
basis | Optional | The day count basis, 0 to 4 |
How to use YIELDMAT
YIELDMAT takes 5 required arguments and 1 optional argument. Type =YIELDMAT( 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.
=YIELDMAT(DATE(2008,3,15), DATE(2008,11,3), DATE(2007,11,8), 0.0625, 100.0123, 0)Result Related financial functions
- SYDReturns the sum of years' digits depreciation of an asset for a period.
- TBILLEQReturns the bond equivalent yield of a Treasury bill.
- TBILLPRICEReturns the price per 100 face value of a Treasury bill.
- TBILLYIELDReturns the yield of a Treasury bill.
- VDBReturns the declining balance depreciation of an asset between two periods, switching to straight line when that is larger.
- XIRRReturns the internal rate of return of cash flows that happen on given dates.
- XNPVReturns the net present value of cash flows that happen on given dates.
- YIELDReturns the yield of a security that pays periodic interest.
- YIELDDISCReturns the annual yield of a discounted security.