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T-Bill Price Calculator (from Yield)

Convert a target investment yield into the maximum price to bid for a T-bill of any tenor.

$โ€”
Price to pay
โ€”%
Equivalent discount-rate quote
$โ€”
Interest earned at maturity

Formula

P = F / (1 + yยทt/365)

Working backwards from yield to price is how non-competitive bidders sanity-check auction results and how treasurers ladder bill maturities to cash needs. The equivalent discount quote lets you compare against screen prices.

References: TreasuryDirect โ€” bill pricing formulas

Not financial advice โ€” for informational and analytical use only. Verify all figures with a qualified professional before acting on them.

Need t-bill price calculator results fast? Analysts, founders, traders and finance professionals use the T-Bill Price Calculator to skip the spreadsheet and get a defensible answer in one step โ€” free, private and instant.

About T-Bill Price Calculator (from Yield)

Convert a target investment yield into the maximum price to bid for a T-bill of any tenor. Working backwards from yield to price is how non-competitive bidders sanity-check auction results and how treasurers ladder bill maturities to cash needs. The equivalent discount quote lets you compare against screen prices. The governing relationship is P = F / (1 + yยทt/365). The T-Bill Price Calculator computes entirely in your browser โ€” free, private (your figures never leave your device) and instant, recalculating live as you change any input.

How to use T-Bill Price Calculator (from Yield)

  1. 1Enter Face value (currency), Target investment yield (% (365-day)), Days to maturity into the T-Bill Price Calculator.
  2. 2The result is computed automatically using P = F / (1 + yยทt/365) โ€” there is no button to press.
  3. 3Change any input to model a different scenario, then copy or share the result.

Why use T-Bill Price Calculator (from Yield)?

  • โœ“Computes t-bill price calculator instantly with the correct formula โ€” no spreadsheet needed
  • โœ“100% free and unlimited, with no sign-up, login or paywall
  • โœ“Runs entirely in your browser, so the figures you enter stay private
  • โœ“Shows the formula, a live worked example and references so you can defend the number

Frequently asked questions

What is the formula behind the T-Bill Price Calculator?+

T-Bill Price Calculator uses P = F / (1 + yยทt/365). Working backwards from yield to price is how non-competitive bidders sanity-check auction results and how treasurers ladder bill maturities to cash needs. The tool substitutes your actual inputs into this relationship and shows the worked example step by step.

What inputs does the T-Bill Price Calculator need?+

Enter Face value (currency), Target investment yield (% (365-day)), Days to maturity and the result updates immediately โ€” there is no button to press. Change any value to model a different scenario in real time.

Is the T-Bill Price Calculator free, and is my data private?+

Yes โ€” it is completely free with no sign-up or usage limit, and it runs entirely in your browser, so the numbers you enter are never uploaded or stored on any server. It is for informational and analytical use, not financial advice.

What should I watch out for when using the T-Bill Price Calculator?+

The equivalent discount quote lets you compare against screen prices.

What is the T-Bill Price Calculator based on?+

The method follows authoritative sources: TreasuryDirect โ€” bill pricing formulas. The formula and references are shown on the page so you can verify and cite the result.

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