yldtbill (Financial Toolbox)

yldtbill
Yield of Treasury bill

Syntax

Yield = yldtbill(Settle, Maturity, Face, Price)

Arguments

Settle
Settlement date. Enter as serial date number or date string. Settle must be earlier than or equal to Maturity.

Maturity
Maturity date. Enter as serial date number or date string.

Face
Redemption (par, face) value.

Price
Price of the Treasury bill.

`Settle`	Settlement date. Enter as serial date number or date string. `Settle` must be earlier than or equal to `Maturity`.
`Maturity`	Maturity date. Enter as serial date number or date string.
`Face`	Redemption (par, face) value.
`Price`	Price of the Treasury bill.

Description
Yield = yldtbill(Settle, Maturity, Face, Price) returns the yield for a Treasury bill.

Examples
The settlement date of a Treasury bill is February 10, 2000, the maturity date is August 6, 2000, the par value is $1000, and the price is $981.36. Using this data

Yield = yldtbill('2/10/2000', '8/6/2000', 1000, 981.36)

returns

Yield =

        0.0384 (or 3.84%)

See Also
beytbill, bndyield, prtbill, yldmat

References
Bodie, Kane, and Marcus, Investments, pages 41-43.

yldmat zbtprice