United States Treasury Bill Yield Calculator

Calculate the days until maturity, discount rate, return, yield, and coupon equivalent yield for United States Treasury bills (T-bills).

Discount rate uses the 360-day year convention in its calculation.

Coupon equivalent yield takes into account the days until maturity, from settlement date, since the formula varies for short-dated T-bills, i.e., one half-year or less (<= 182 days), vs. long-dated T-bills, i.e., greater than one half-year (> 182 days).

This calculator is provided for informational purposes only. There are no guarantees that it produces accurate and/or complete results. It should not be construed as investment advice. Consult a qualified professional in the relevant field prior to taking, or not taking, any action.

Calculator

Quantity (each equals 100.00 US$ Face Value): Principal Amount US$:

Days in Year:

360 Days 365 Days Actual Issue Date: Settlement Date: Maturity Date:

Result

Face Value:
Price per $100.00:
Days In Year:
Days To Maturity:
Discount Rate:
Yield:
Coupon Equivalent Yield:
Return: