<!DOCTYPE html>
<html>
<head>
<title>TBILLPRICE Function</title>
<meta charset="utf-8" />
<meta name="description" content="" />
<link type="text/css" rel="stylesheet" href="../editor.css" />
<script type="text/javascript" src="../callback.js"></script>
<script type="text/javascript" src="../search/js/page-search.js"></script>
</head>
<body>
<div class="mainpart">
<div class="search-field">
<input id="search" class="searchBar" placeholder="Search" type="text" onkeypress="doSearch(event)">
</div>
<h1>TBILLPRICE Function</h1>
<p>The <b>TBILLPRICE</b> function is one of the financial functions. It is used to calculate the price per $100 par value for a Treasury bill.</p>
<p>The <b>TBILLPRICE</b> function syntax is:</p>
<p style="text-indent: 150px;"><b><em>TBILLPRICE(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>TBILLPRICE</b> function,</p>
<ol>
<li>select the cell where you wish to display the result,</li>
<li>
click the <b>Insert function</b> <img alt="Insert function icon" src="../images/insertfunction.png" /> icon situated at the top toolbar,
<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>TBILLPRICE</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="TBILLPRICE Function" src="../images/tbillprice.png" /></p>
</div>
</body>
</html>