What is the Excel TBILLPRICE Function in Excel?

Calculate the price per $100 face value for Treasury bills. Learn TBILLPRICE syntax, examples, and T-bill pricing with settlement and maturity dates. =TBILLPRICE(settlement, maturity, discount) Use AskFormulas to generate validated formulas instantly.

How do I use Excel TBILLPRICE Function to calculate the price of a t-bill with a 4.75% discount rate?

To calculate the price of a t-bill with a 4.75% discount rate, use the formula: =TBILLPRICE(DATE(2025,3,31), DATE(2025,6,1), 0.0475). Basic Treasury Bill Price Calculation This formula returns: $99.19.

What are best practices for using Excel TBILLPRICE Function?

Best practices for Excel TBILLPRICE Function: Always use the appropriate match type (exact vs approximate), validate your ranges, and consider performance implications for large datasets. Use AskFormulas to generate optimized formulas.

How can I optimize Excel TBILLPRICE Function performance?

To optimize Excel TBILLPRICE Function: 1) Use specific ranges instead of entire columns, 2) Avoid volatile functions within Excel TBILLPRICE Function, 3) Consider array formulas for bulk operations, 4) Cache results when possible. AskFormulas automatically applies optimization best practices.

What is the syntax for Excel TBILLPRICE Function?

The Excel TBILLPRICE Function syntax in Excel is: =TBILLPRICE(settlement, maturity, discount). It takes 3 parameter(s): settlement (required), maturity (required), discount (required).

How do I use Excel TBILLPRICE Function to compare prices for t-bills with different discount rates?

To compare prices for t-bills with different discount rates, use the formula: =TBILLPRICE(A2, B2, C2). Comparing Multiple T-Bill Options This formula returns: Price table showing different T-bill values.

How do I use Excel TBILLPRICE Function to calculate investment return for a t-bill purchase?

To calculate investment return for a t-bill purchase, use the formula: =((100-TBILLPRICE(DATE(2025,3,31), DATE(2025,6,1), 0.0475))/TBILLPRICE(DATE(2025,3,31), DATE(2025,6,1), 0.0475))*100. Treasury Bill Investment Analysis This formula returns: 0.82% return.

Does Excel TBILLPRICE Function work the same in Excel and Google Sheets?

While Excel TBILLPRICE Function exists in both platforms, there may be syntax differences. Excel uses: =TBILLPRICE(settlement, maturity, discount), while Google Sheets uses: =TBILLPRICE(settlement, maturity, discount). AskFormulas automatically handles these differences.

Can Excel TBILLPRICE Function be nested with other functions?

Yes, Excel TBILLPRICE Function can be nested with other functions for complex operations. Common combinations include Excel TBILLPRICE Function with IF, Excel TBILLPRICE Function with INDEX/MATCH, and Excel TBILLPRICE Function in array formulas. Use AskFormulas to generate validated nested formulas.

Excel TBILLPRICE Function

Calculate the price per $100 face value for Treasury bills. Learn TBILLPRICE syntax, examples, and T-bill pricing with settlement and maturity dates.

Excel

Google Sheets

financial

intermediate

Syntax Preview

Excel

Google Sheets

=TBILLPRICE(settlement, maturity, discount)

Quick Answer

TL;DR

TBILLPRICE function TBILLPRICE function calculates the price per $100 face value for a U.S. Treasury bill based on the settlement date, maturity date, and discount rate. This function helps investors determine how much they need to pay to purchase a T-bill.

=TBILLPRICE(settlement, maturity, discount)

Syntax: `=TBILLPRICE(settlement, maturity, discount)` Example: `=TBILLPRICE(DATE(2025,3,31), DATE(2025,6,1), 0.0475)` returns approximately $99.19, meaning an investor would pay $99.19 for every $100 of face value for a T-bill with a 4.75% discount rate.

Practical Examples

Basic Treasury Bill Price Calculation

Calculate the price of a T-bill with a 4.75% discount rate

Result: $99.19

Comparing Multiple T-Bill Options

Compare prices for T-bills with different discount rates

Result: Price table showing different T-bill values

Treasury Bill Investment Analysis

Calculate investment return for a T-bill purchase

Result: 0.82% return

Dynamic T-Bill Pricing Dashboard

Create a dashboard with variable discount rates

Result: Dynamic pricing table

Error Handling for T-Bill Calculations

Prevent and handle common TBILLPRICE errors

Result: Price or error message

Need Help with Excel TBILLPRICE Function?

Stop struggling with formula syntax. Use AskFormulas to generate validated formulas instantly with our AI-powered tool.

Example Excel formula:

Related Formulas

Excel TBILLEQ Function

Calculate the bond-equivalent yield for Treasury bills. Learn TBILLEQ syntax, examples, and how to convert T-bill discount rates to comparable bond yields.

intermediate

financial

Excel

Sheets

Validated

View Details

FV Function in Excel

The FV function calculates future value of investments with constant payments and interest rate. Master retirement planning and savings goals with examples.

intermediate

financial

Excel

Sheets

Validated

View Details

PV Function in Excel

The PV function calculates the present value of an investment or loan with constant periodic payments and a constant interest rate. Master PV with examples,...

intermediate

financial

Excel

Sheets

Validated

View Details

ACCRINT Function in Excel

The ACCRINT function calculates accrued interest for a security that pays periodic interest, enabling accurate financial reporting and bond valuation.

intermediate

financial

Excel

Sheets

Validated

View Details