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Created page with "<div id="6SpaceContent" class="zcontent" align="left"> '''TBILLEQ'''(SettlementDate, MaturityDate, Discount) where, '''SettlementDate '''- represents the Treasury b..."
<div id="6SpaceContent" class="zcontent" align="left">
'''TBILLEQ'''(SettlementDate, MaturityDate, Discount)
where,
'''SettlementDate '''- represents the Treasury bill's settlement date.
'''MaturityDate''' - represents the Treasury bill's maturity date.
'''Discount '''- represents the Treasury bill's discount rate
</div>
----
<div id="1SpaceContent" class="zcontent" align="left">
It returns the bond-equivalent yield for a Treasury bill.
'''Formula''' :-
TBILLEQ = (365 x Discount)/(360-(Discount x N))
where,
N - Number of days between settlement an maturity date.
</div>
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<div id="7SpaceContent" class="zcontent" align="left">
If SettlementDate > MaturityDate, TBILLEQ returns the #ERROR.
If Discount <= 0, it returns the #ERROR.
</div>
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<div id="12SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="left">
TBILLEQ
</div></div>
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<div id="8SpaceContent" class="zcontent" align="left">
Lets see an example in (Column1, Row1)
<nowiki>=TBILLEQ(DATE(2008,1,1),DATE(2008,2,20),"5.85%")</nowiki>
TBILLEQ returns 0.059798.
Consider an another example
<nowiki>=TBILLEQ(DATE(DATE(2007/4/1),DATE(2008,5,1),"-4%")</nowiki>
It returns #ERROR(discount=-4%).
</div>
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<div id="10SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Syntax </div><div class="ZEditBox"><center></center></div></div>
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<div id="4SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Remarks </div></div>
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<div id="3SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Examples </div></div>
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<div id="11SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Description </div></div>
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<div id="2SpaceContent" class="zcontent" align="left">
{| id="TABLE3" class="SpreadSheet blue"
|- class="even"
| class=" " |
| Column1
| Column2
| Column3
| Column4
|- class="odd"
| class=" " | Row1
| class="sshl_f" | 0.059798
| class=" " |
| class=" " |
| class=" " |
|- class="even"
| class=" " | Row2
| class="sshl_f SelectTD ChangeBGColor SelectTD" |
<div id="2Space_Handle" class="zhandles" title="Click and Drag to resize CALCI Column/Row/Cell. It is EZ!"></div><div id="2Space_Copy" class="zhandles" title="Click and Drag over to AutoFill other cells."></div><div id="2Space_Drag" class="zhandles" title="Click and Drag to Move/Copy Area.">[[Image:copy-cube.gif]] </div>
| class=" " |
| class=" " |
| class=" " |
|- class="odd"
| Row3
| class="sshl_f " |
| class=" " |
| class=" " |
| class=" " |
|- class="even"
| Row4
| class="sshl_f " |
| class=" " |
| class=" " |
| class=" " |
|- class="odd"
| class=" " | Row5
|
| class=" " |
| class=" " |
| class=" " |
|- class="even"
| Row6
| class=" " |
| class=" " |
| class=" " |
| class=" " |
|}
<div align="left">[[Image:calci1.gif]]</div></div>
----
'''TBILLEQ'''(SettlementDate, MaturityDate, Discount)
where,
'''SettlementDate '''- represents the Treasury bill's settlement date.
'''MaturityDate''' - represents the Treasury bill's maturity date.
'''Discount '''- represents the Treasury bill's discount rate
</div>
----
<div id="1SpaceContent" class="zcontent" align="left">
It returns the bond-equivalent yield for a Treasury bill.
'''Formula''' :-
TBILLEQ = (365 x Discount)/(360-(Discount x N))
where,
N - Number of days between settlement an maturity date.
</div>
----
<div id="7SpaceContent" class="zcontent" align="left">
If SettlementDate > MaturityDate, TBILLEQ returns the #ERROR.
If Discount <= 0, it returns the #ERROR.
</div>
----
<div id="12SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="left">
TBILLEQ
</div></div>
----
<div id="8SpaceContent" class="zcontent" align="left">
Lets see an example in (Column1, Row1)
<nowiki>=TBILLEQ(DATE(2008,1,1),DATE(2008,2,20),"5.85%")</nowiki>
TBILLEQ returns 0.059798.
Consider an another example
<nowiki>=TBILLEQ(DATE(DATE(2007/4/1),DATE(2008,5,1),"-4%")</nowiki>
It returns #ERROR(discount=-4%).
</div>
----
<div id="10SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Syntax </div><div class="ZEditBox"><center></center></div></div>
----
<div id="4SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Remarks </div></div>
----
<div id="3SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Examples </div></div>
----
<div id="11SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Description </div></div>
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<div id="2SpaceContent" class="zcontent" align="left">
{| id="TABLE3" class="SpreadSheet blue"
|- class="even"
| class=" " |
| Column1
| Column2
| Column3
| Column4
|- class="odd"
| class=" " | Row1
| class="sshl_f" | 0.059798
| class=" " |
| class=" " |
| class=" " |
|- class="even"
| class=" " | Row2
| class="sshl_f SelectTD ChangeBGColor SelectTD" |
<div id="2Space_Handle" class="zhandles" title="Click and Drag to resize CALCI Column/Row/Cell. It is EZ!"></div><div id="2Space_Copy" class="zhandles" title="Click and Drag over to AutoFill other cells."></div><div id="2Space_Drag" class="zhandles" title="Click and Drag to Move/Copy Area.">[[Image:copy-cube.gif]] </div>
| class=" " |
| class=" " |
| class=" " |
|- class="odd"
| Row3
| class="sshl_f " |
| class=" " |
| class=" " |
| class=" " |
|- class="even"
| Row4
| class="sshl_f " |
| class=" " |
| class=" " |
| class=" " |
|- class="odd"
| class=" " | Row5
|
| class=" " |
| class=" " |
| class=" " |
|- class="even"
| Row6
| class=" " |
| class=" " |
| class=" " |
| class=" " |
|}
<div align="left">[[Image:calci1.gif]]</div></div>
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