## Formula generator for TBILLPRICE function

The TBILLPRICE function is used to calculate the price of a US Treasury Bill based on the settlement date, maturity date, and discount rate. It returns the price per $100 face value.

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# How to generate an TBILLPRICE formula using AI.

To obtain information on the ARRAY_CONSTRAIN formula, you could ask the AI chatbot the following question: “To obtain the TBILLPRICE formula for calculating the price of a Treasury bill, you could ask an AI chatbot the following question: "What is the formula for calculating the price of a Treasury bill?"”

## TBILLPRICE formula syntax

The TBILLPRICE function in Excel is used to calculate the price of a Treasury bill or T-bill. Its syntax is as follows: TBILLPRICE(settlement, maturity, discount) - settlement: The date on which the T-bill is purchased. - maturity: The date on which the T-bill matures. - discount: The discount rate of the T-bill. The settlement and maturity dates must be valid Excel dates, while the discount rate should be expressed as a decimal. The function returns the price per $100 face value of the T-bill. Example usage: TBILLPRICE("1/1/2022", "6/30/2022", 0.05) This formula calculates the price of a T-bill with a settlement date of January 1, 2022, a maturity date of June 30, 2022, and a discount rate of 5%.

## Use Cases & Examples

In these use cases, we use the TBILLPRICE formula to calculate the price of a Treasury bill, based on its settlement date, maturity date, discount rate, and redemption value.

## Calculating the price of a US Treasury Bill

### Description

This use case demonstrates how to calculate the price of a US Treasury Bill based on the settlement date, maturity date, and discount rate. The formula uses the TBILLPRICE function.

### Result

TBILLPRICE(settlement, maturity, discount)

## Calculating the yield of a US Treasury Bill

### Description

This use case demonstrates how to calculate the yield of a US Treasury Bill based on the settlement date, maturity date, and price. The formula uses the TBILLYIELD function.

### Result

TBILLYIELD(settlement, maturity, price)

## Calculating the accrued interest of a US Treasury Bil

### Description

This use case demonstrates how to calculate the accrued interest of a US Treasury Bill based on the settlement date, maturity date, and price. The formula uses the TBILLACCRINT function.

### Result

Description This use case demonstrates how to calculate the accrued interest of a US Treasury Bill based on the settlement date, maturity date, and price. The formula uses the TBILLACCRINT function. Result TBILLACCRINT(settlement, maturity, price)

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