Documentation

beytbill

Bond equivalent yield for Treasury bill

Syntax

Yield = beytbill(Settle, Maturity, Discount)

Arguments

Settle

Enter as serial date numbers, date character vectors, or datetime array. Settle must be earlier than Maturity.

Maturity

Enter as serial date numbers, date character vectors, or datetime array.

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

collapse all

Find the Bond Equivalent Yield for a Treasury Bill

This example shows how to find the bond equivalent yield for a Treasury bill that has a settlement date of February 11, 2000, a maturity date of August 7, 2000, and a discount rate is 5.77.

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

    0.0602

Find the Bond Equivalent Yield for a Treasury Bill Using datetime Inputs

This example shows how to use datetime inputs to find the bond equivalent yield for a Treasury bill that has a settlement date of February 11, 2000, a maturity date of August 7, 2000, and the discount rate is 5.77.

Yield = beytbill(datetime('11-Feb-2000','Locale','en_US'), datetime('7-Aug-2000','Locale','en_US'),...
0.0577)
Yield =

    0.0602

Related Examples

Introduced before R2006a

Was this topic helpful?