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<h1>TBILLEQ Function</h1>
<p>The <b>TBILLEQ</b> function is one of the financial functions. It is used to calculate the bond-equivalent yield of a Treasury bill.</p>
<p>The <b>TBILLEQ</b> function syntax is:</p>
<p style="text-indent: 150px;"><b><em>TBILLEQ(settlement, maturity, discount)</em></b></p>
<p><em>where</em></p>
<p style="text-indent: 50px;"><b><em>settlement</em></b> is the date when the Treasury bill is purchased.</p>
<p style="text-indent: 50px;"><b><em>maturity</em></b> is the date when the Treasury bill expires. This date must be within one year of the settlement date.</p>
<p style="text-indent: 50px;"><b><em>discount</em></b> is the discount rate of the Treasury bill.</p>
<p class="note"><b>Note:</b> dates must be entered by using the DATE function.</p>
<p>The values can be entered manually or included into the cell you make reference to.</p>
<p>To apply the <b>TBILLEQ</b> function,</p>
<ol>
<li>select the cell where you wish to display the result,</li>
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<li>click the <b>Insert function</b> <img alt="Insert function icon" src="../images/insertfunction.png" /> icon situated at the top toolbar,
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<br />or right-click within a selected cell and select the <b>Insert Function</b> option from the menu,
<br />or click the <img alt="Function icon" src="../images/function.png" /> icon situated at the formula bar,
</li>
<li>select the <b>Financial</b> function group from the list,</li>
<li>click the <b>TBILLEQ</b> function,</li>
<li>enter the required arguments separating them by commas,</li>
<li>press the <b>Enter</b> button.</li>
</ol>
<p>The result will be displayed in the selected cell.</p>
<p style="text-indent: 150px;"><img alt="TBILLEQ Function" src="../images/tbilleq.png" /></p>
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