ACCRINTM Function in Excel: Syntax, Examples and Free Practice
ACCRINTM is an Excel Financial function. Returns accrued interest for a security paying interest at maturity.
ACCRINTM syntax
Arguments
issue: The security's issue datesettlement: The security's settlement (purchase) daterate: The interest rate per periodpar: The security's par (face) valuebasis: Which day-count basis to use (optional)
When to use ACCRINTM
ACCRINTM is used in loan, investment, or valuation models where precise financial math is required.
Practice ACCRINTM online, free
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Frequently asked questions
What does the ACCRINTM function do in Excel?
Returns accrued interest for a security paying interest at maturity.
What is the syntax of ACCRINTM in Excel?
The syntax is =ACCRINTM(issue, settlement, rate, par, [basis]). issue: The security's issue date; settlement: The security's settlement (purchase) date; rate: The interest rate per period; par: The security's par (face) value; basis: Which day-count basis to use (optional).
Where can I practice ACCRINTM online for free?
Open the free live spreadsheet on Cellgrids and try ACCRINTM yourself. No Excel install is needed and you can start without signing up.
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