Financial Level: Expert Available in: Excel 2007+
In this article Syntax Examples Example 1 Related functions PRICE returns a bond’s price per 100 face value. When market yield rises above the coupon, price falls below 100 — the see-saw every debt-fund investor feels.
Syntax
=PRICE(settlement, maturity, rate, yld, redemption, frequency, [basis])
Argument
What it means
rateCoupon rate.
yldMarket yield.
frequency1 annual, 2 half-yearly, 4 quarterly.
Examples
Example 1
=PRICE(DATE(2019,11,1), DATE(2029,11,1), 7%, 7.5%, 100, 2)About 96.5 — the 7% bond trades at a discount.
YIELD · ACCRINT
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Written by Atul Vij Atul (AJ) builds office-automation and local-first AI tools as Atulya AI, and works with Excel, SAP and Oracle EPM every day. He writes about the shortcuts, macros and automations that actually save time — plus the occasional wacky fact.
More posts by Atul → ← Previous VDB Function in Excel: Depreciation for Any SpanNext → TRIM Function in Excel: Remove Extra Spaces✨ Ask AI about this article Stuck on a step? Ask a question and the AI answers using this article.
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