YIELDMAT (PQL - xl)

This function calculates the annual yield of a security that pays interest at maturity

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

Syntax

YIELDMAT(settlement, maturity, issue, rate, pr, 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 date of issue

Number

pr

Price per $100 face value for the security

Number

basis

Integer representing the basis for day count

Number

Y

Comments

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