PRICE

returns the price per $100 face value of a security paying periodic interest · from excel · excel: verified match · sheets: verified match

signature

PRICE(settlement, maturity, rate, yld, redemption, frequency, [basis])

returns: number

argumentrequired
settlement required
maturity required
rate required
yld required
redemption required
frequency required
basis optional

examples

formula and result, taken from the engine's own test suite — every result below is asserted in CI, not written by hand.

fx =PRICE(DATE(2026,1,1), DATE(2030,1,1), 0.05, 0.06, 100, 2) 96.49015390523225

errors

error values observed from the engine — each with a call that produces it.

errorproduced by
#ERROR! =PRICE(1, 2, 3, 4, 5)

related

  • ACCRINT accrued interest for a security paying periodic interest
  • ACCRINTM accrued interest for a security paying at maturity
  • AMORDEGRC depreciation per period, French accounting, degressive
  • AMORLINC depreciation per period, French accounting, linear
  • COUPDAYBS days from coupon period start to settlement
  • COUPDAYS days in the coupon period containing settlement