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Definition of 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(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.


  • settlement and maturity should be entered using DATETO_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.

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.

In order to use the TBILLYIELD formula, start with your edited Excellentable:

Then type in the TBILLYIELD Formula in the area you would like to display the outcome:

By adding the values you would like to calculate the TBILLYIELD formula for, Excellentable will generate the outcome:



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