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TBILLEQ Function in Excel: Syntax, Examples and Free Practice

By Rinkesh Shah, founder of Cellgrids.

TBILLEQ is an Excel Financial function. Returns the bond-equivalent yield for a treasury bill.

TBILLEQ syntax

=TBILLEQ(settlement, maturity, discount)

Arguments

When to use TBILLEQ

TBILLEQ is used in loan, investment, or valuation models where precise financial math is required.

Practice TBILLEQ online, free

Open the live Excel-style spreadsheet and try TBILLEQ yourself. No Excel install or sign-up needed to start.

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Frequently asked questions

What does the TBILLEQ function do in Excel?

Returns the bond-equivalent yield for a treasury bill.

What is the syntax of TBILLEQ in Excel?

The syntax is =TBILLEQ(settlement, maturity, discount). settlement: The security's settlement (purchase) date; maturity: The security's maturity date; discount: The security's discount rate.

Where can I practice TBILLEQ online for free?

Open the free live spreadsheet on Cellgrids and try TBILLEQ yourself. No Excel install is needed and you can start without signing up.

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