Learn How to Use Microsoft Excel TBILLPRICE Function

Microsoft Excel TBILLPRICE Function

The main purpose of the Microsoft Excel TBILLPRICE function is to get the price per $100 Treasury bill. That implies, with the help of the TBILLPRICE function you can able to return the price per $100 face value for a Treasury bill. So, with the help of the TBILLPRICE function, you can able to get the price per $100 Treasury bill.

Return Value of TBILLPRICE Function

The return value will be the price per $100. 

Syntax of TBILLPRICE Function

=TBILLPRICE(settlement, maturity, discount)

Where the arguments:

• settlement: This is the settlement date of the security.
• maturity: This is the maturity date of the security.
• discount: This is the discount rate of the security.

How to Use Microsoft Excel TBILLPRICE Function?

So we know that Microsoft Excel TBILLPRICE function you can able to get the price per $100 Treasury bill. That implies, with the help of the TBILLPRICE function you can able to return the price per $100 face value for a Treasury bill. So, with the help of the TBILLPRICE function, you can able to get the price per $100 Treasury bill.

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