TBILLYIELD

Understanding TBILLYIELD Function

The TBILLYIELD function is used to calculate the yield of a treasury bill that pays interest at maturity. This function takes four arguments: settlement, maturity, discount, and basis.

– Settlement: This is the settlement date for the treasury bill. It is the date on which the buyer takes possession of the security and pays for it.

– Maturity: This is the maturity date for the treasury bill. It is the date on which the security matures, and the issuer pays the face value to the holder.

– Discount: This is the discount rate for the treasury bill. It is the rate at which the security is sold below its face value.

– Basis: This is the basis for the calculation of the yield. It is the number of days in the year used for the calculation of the yield.

Using TBILLYIELD Function in Power BI

To use the TBILLYIELD function in Power BI, follow the steps below:

1. Open the Power BI desktop and select the “Enter Data” option from the “Home” tab.

2. Enter the data for the treasury bill, including the settlement date, maturity date, discount rate, and basis.

3. Create a new measure by selecting the “New Measure” option from the “Modeling” tab.

4. Enter the formula for the TBILLYIELD function. The formula should look like this:

TBILLYIELD(settlement date, maturity date, discount rate, basis)

``` 5. Replace the arguments in the formula with the appropriate values from your data. 6. Click on the "OK" button to create the measure. 7. Drag and drop the measure into a table or visual to display the yield of the treasury bill. In conclusion, the TBILLYIELD function in Power BI is a powerful tool to calculate the yield of treasury bills. By following the steps outlined in this article, you can easily use this function to calculate the yield of a treasury bill in your Power BI reports and visuals. Power BI DAX Training Courses by G Com Solutions (0800 998 9248) Power BI DAX Intensive Training Course £1,050.00 – £26,550.00 Select optionsContinue Loading Done Power BI DAX Introduction £395.00 – £9,750.00 Select optionsContinue Loading Done Power BI DAX Intermediate £395.00 – £9,750.00 Select optionsContinue Loading Done Power BI DAX Advanced £395.00 – £9,750.00 Select optionsContinue Loading Done Upcoming Courses Contact Us Subject Your Name (required) Company/Organisation Email (required) Telephone Training Course(s) Power BI Intensive TrainingPower BI introduction Power BI IntermediatePower BI AdvancedDAXPower Query MPower BI CertificationPower BI AdministrationPower PlatformPower AutomatePower AppsOTHER Your Message Upload Example Document(s) (Zip multiple files) ```
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