<HTML
><HEAD
><TITLE
>TBILLEQ</TITLE
><META
NAME="GENERATOR"
CONTENT="Modular DocBook HTML Stylesheet Version 1.54"><LINK
REL="HOME"
TITLE="Gnumeric's user manual"
HREF="gnumeric.html"><LINK
REL="UP"
TITLE="Reference"
HREF="function-reference.html#AEN1187"><LINK
REL="PREVIOUS"
TITLE="COUPPCD"
HREF="r6429.html"><LINK
REL="NEXT"
TITLE="BESSELK"
HREF="r6472.html"></HEAD
><BODY
CLASS="REFENTRY"
><DIV
CLASS="NAVHEADER"
><TABLE
WIDTH="100%"
BORDER="0"
CELLPADDING="0"
CELLSPACING="0"
><TR
><TH
COLSPAN="3"
ALIGN="center"
>Gnumeric's user manual</TH
></TR
><TR
><TD
WIDTH="10%"
ALIGN="left"
VALIGN="bottom"
><A
HREF="r6429.html"
>Prev</A
></TD
><TD
WIDTH="80%"
ALIGN="center"
VALIGN="bottom"
></TD
><TD
WIDTH="10%"
ALIGN="right"
VALIGN="bottom"
><A
HREF="r6472.html"
>Next</A
></TD
></TR
></TABLE
><HR
ALIGN="LEFT"
WIDTH="100%"></DIV
><H1
><A
NAME="AEN6449"
><A
NAME="GNUMERIC-TBILLEQ"
></A
>TBILLEQ</A
></H1
><DIV
CLASS="REFNAMEDIV"
><A
NAME="AEN6454"
></A
><H2
>Name</H2
>TBILLEQ&nbsp;--&nbsp;</DIV
><DIV
CLASS="REFSYNOPSISDIV"
><A
NAME="AEN6457"
></A
><H2
>Synopsis</H2
><TABLE
BORDER="0"
BGCOLOR="#E0E0E0"
WIDTH="100%"
><TR
><TD
><PRE
CLASS="SYNOPSIS"
>TBILLEQ(settlement,maturity,discount)</PRE
></TD
></TR
></TABLE
></DIV
><DIV
CLASS="REFSECT1"
><A
NAME="AEN6459"
></A
><H2
>Description</H2
><P
>TBILLEQ function returns the bond-yield equivalent (BEY) for a treasury bill.  TBILLEQ is equivalent to (365 * discount) / (360 - discount * DSM) where DSM is the days between @settlement and @maturity. </P
><P
>If @settlement is after @maturity or the @maturity is set to over one year later than the @settlement, TBILLEQ returns NUM! error. If @discount is negative, TBILLEQ returns #NUM! error. </P
></DIV
><DIV
CLASS="REFSECT1"
><A
NAME="AEN6463"
></A
><H2
>Examples</H2
><P
></P
><P
></P
></DIV
><DIV
CLASS="REFSECT1"
><A
NAME="AEN6467"
></A
><H2
>See also</H2
><P
>        <A
HREF="r7694.html#GNUMERIC-TBILLPRICE"
>TBILLPRICE</A
>
,         <A
HREF="r3292.html#GNUMERIC-TBILLYIELD"
>TBILLYIELD</A
>
      </P
></DIV
><DIV
CLASS="NAVFOOTER"
><HR
ALIGN="LEFT"
WIDTH="100%"><TABLE
WIDTH="100%"
BORDER="0"
CELLPADDING="0"
CELLSPACING="0"
><TR
><TD
WIDTH="33%"
ALIGN="left"
VALIGN="top"
><A
HREF="r6429.html"
>Prev</A
></TD
><TD
WIDTH="34%"
ALIGN="center"
VALIGN="top"
><A
HREF="gnumeric.html"
>Home</A
></TD
><TD
WIDTH="33%"
ALIGN="right"
VALIGN="top"
><A
HREF="r6472.html"
>Next</A
></TD
></TR
><TR
><TD
WIDTH="33%"
ALIGN="left"
VALIGN="top"
><A
NAME="GNUMERIC-COUPPCD"
></A
>COUPPCD</TD
><TD
WIDTH="34%"
ALIGN="center"
VALIGN="top"
><A
HREF="function-reference.html#AEN1187"
>Up</A
></TD
><TD
WIDTH="33%"
ALIGN="right"
VALIGN="top"
><A
NAME="GNUMERIC-BESSELK"
></A
>BESSELK</TD
></TR
></TABLE
></DIV
></BODY
></HTML
>