PRICEMAT Function in Excel: Syntax, Examples and Free Practice
PRICEMAT is an Excel Financial function. Returns the price per $100 face value of a security paying interest at maturity.
PRICEMAT syntax
Arguments
settlement: The security's settlement (purchase) datematurity: The security's maturity dateissue: The security's issue daterate: The interest rate per periodyld: The annual yield of the security
When to use PRICEMAT
PRICEMAT is used in loan, investment, or valuation models where precise financial math is required.
Practice PRICEMAT online, free
Open the live Excel-style spreadsheet and try PRICEMAT yourself. No Excel install or sign-up needed to start.
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Frequently asked questions
What does the PRICEMAT function do in Excel?
Returns the price per $100 face value of a security paying interest at maturity.
What is the syntax of PRICEMAT in Excel?
The syntax is =PRICEMAT(settlement, maturity, issue, rate, yld, [basis]). settlement: The security's settlement (purchase) date; maturity: The security's maturity date; issue: The security's issue date; rate: The interest rate per period; yld: The annual yield of the security.
Where can I practice PRICEMAT online for free?
Open the free live spreadsheet on Cellgrids and try PRICEMAT yourself. No Excel install is needed and you can start without signing up.
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