Financial Toolbox™

beytbill

Bond equivalent yield for Treasury bill

Syntax

Yield = beytbill(Settle, Maturity, Discount)

Arguments

`Settle`	Enter as serial date numbers or date strings. `Settle` must be earlier than or equal to `Maturity`.
`Maturity`	Enter as serial date numbers or date strings.
`Discount`	Discount rate of the Treasury bill. Enter as decimal fraction.

Description

Yield = beytbill(Settle, Maturity, Discount) returns the bond equivalent yield for a Treasury bill.

Examples

The settlement date of a Treasury bill is February 11, 2000, the maturity date is August 7, 2000, and the discount rate is 5.77%. The bond equivalent yield is

Yield = beytbill('2/11/2000', '8/7/2000', 0.0577)

Yield =
        0.0602

beytbill

Syntax

Arguments

Description

Examples

See Also