PRICEMAT (PQL - xl)

This function returns the price at maturity per $100 face value of a security that pays interest

  • Library: PQL \ Spreadsheet \ Financial
  • Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module

Syntax

PRICEMAT(settlement, maturity, issue, rate, yld, OPTIONAL basis)

Function Arguments

Name

Description

Type

Optional

settlement

Settlement date for the security

StringOrNumber

maturity

Maturity date for the security

StringOrNumber

issue

Issue date for the security

StringOrNumber

rate

Interest rate for the security at the issue date

Number

yld

Annual yield for the security

Number

basis

Amount to be received at maturity

Number

Y

Comments

This function is the same as the Microsoft Excel 'PRICEMAT' function - using the same inputs, logic and outputs.