FreeByte

Treasury bill yield calculator

Discount price to annualised yield.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
$

Annualised yield

5.142%

Profit at maturity

$25

With these inputs, annualised yield comes to 5.142%. Profit at maturity works out to $25.

Discount rate
4.945%

What moves the number · Annualised yield

Input−10%Now+10%
Face value-15.427%5.142%25.711%
Purchase price27.997%5.142%-13.557%
Days to maturity5.714%5.142%4.675%

Solve for an input

Whatmakesequal

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Discount price to annualised yield.

A worked example

Starting figures

Face value
$1,000
Purchase price
$975
Days to maturity
182

What it returns

Annualised yield
5.142%
Profit at maturity
$25
Discount rate
4.945%

How to read the results

With the defaults above, annualised yield works out at 5.142%.

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