TBILLPRICE(settlement, maturity, discount)

Returns the price per $100 face value for a treasury bill.

settlementThe settlement date of the treasury bill.
maturityThe maturity date of the treasury bill.
discountThe discount rate of the treasury bill.

Remarks

* The "settlement" is the date after the issue date when the treasury bill is traded to the buyer.
* The "maturity" is the date when the treasury bill expires.
* Dates must be entered as text strings within quotation marks or as serial numbers.
* If "settlement" is not an integer, it is truncated.
* If "settlement" > "maturity" , then #NUM! is returned.
* If "settlement" is not a valid date, then #NUM! is returned.
* If "maturity" is not an integer, it is truncated.
* If "maturity" is more than one year after "settlement", then #NUM! is returned.
* If "maturity" is not a valid date, then #NUM! is returned.
* If "discount" = 0, then #NUM! is returned.
* In Excel 2007 the accuracy of this function was improved.
* In Excel 2003 this function was only available when you had the Analysis ToolPak add-in loaded.
* For the Microsoft documentation refer to support.office.com

 A
1=TBILLPRICE("2001/08/31","2002/01/30",0.07) = 97.044
2=TBILLPRICE("2001/08/31","2002/01/30",-2) = #NUM!
3=TBILLPRICE("3/31/1999","6/1/1999",0.09) = #VALUE!


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