TBILLYIELD Function in Excel: Treasury Bill Yield

⏱ 1 min readUpdated 28 September 2026

FinancialLevel: ExpertAvailable in: Excel 2007+

In this article
  1. Syntax
  2. Examples
  3. Example 1
  4. Related functions

TBILLYIELD returns the yield of a T-bill from its price.

Syntax

=TBILLYIELD(settlement, maturity, pr)
Argument What it means
pr Price per 100.

Examples

Example 1

=TBILLYIELD(DATE(2021,4,1), DATE(2021,7,1), 98.36)

About 6.6%.

TBILLPRICE · YIELD

📚 Part of the free Excel course: Beginner → Expert · Try it in the Formula Lab or ask the AI Helper.

Keep reading

Excel Functions A–ZSECOND Function in Excel: Second From a TimeExcel Functions A–ZSUMPRODUCT Function in Excel: Multiply Arrays and Add the ResultsExcel Functions A–ZEFFECT Function in Excel: Real Annual Rate With Compounding
✨ Ask AI about this article

Stuck on a step? Ask a question and the AI answers using this article.

Free · AI can be wrong