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YIELD Function in Excel: Syntax, Examples and Free Practice

By Rinkesh Shah, founder of Cellgrids.

YIELD is an Excel Financial function. Returns the yield on a bond paying periodic interest.

YIELD syntax

=YIELD(settlement, maturity, rate, pr, redemption, frequency, [basis])

Arguments

When to use YIELD

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

Practice YIELD online, free

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

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Frequently asked questions

What does the YIELD function do in Excel?

Returns the yield on a bond paying periodic interest.

What is the syntax of YIELD in Excel?

The syntax is =YIELD(settlement, maturity, rate, pr, redemption, frequency, [basis]). settlement: The security's settlement (purchase) date; maturity: The security's maturity date; rate: The interest rate per period; pr: The security's price per $100 face value; redemption: The security's redemption value per $100 face value.

Where can I practice YIELD online for free?

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

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