TBILLPRICE function - Zoho Sheet - Help Guide

TBILLPRICE

Returns the price per $100 par value for a US Treasury bill, for a given discount rate.

 

Syntax

 

TBILLPRICE(settlement; maturity; discount_rate)

settlement: Date of purchase of the Treasury bill. Eg., "2/1/2018"

maturity: Date on which the Treasury bill matures. Eg., "4/12/2018"
discount_rate: The discount rate of the Treasury bill at the time of purchase. Eg., 3%

 

Examples  

 

Formula

Result

=TBILLPRICE(A2;B2;C2)

99.416666667

=TBILLPRICE(A3;B3;C3)

97.725

=TBILLPRICE(A4;B4;C4)

97.583333333


Get a hands-on experience of the function in the embedded range below. 



Possible Errors

 

Errors

Meaning

#N/A!

  • The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.

#NAME!

  • The function name is incorrect or invalid.

  • The given defined name (if any) is invalid.

  • There is a typo in the defined name used in the function.

  • Double quotes are missing for text values in the function.

  • Colon missing in a cell range reference.

#VALUE!

  • The given argument's data type is incorrect or invalid.
    For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.

#REF!

  • The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.

#NUM!

  • The value of discount_rate is less than 0.

  • The settlement date is after the maturity date.

  • The maturity date is more than one year from the settlement date.

 

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