Syntax :

=PRICEDISC( settlement, maturity, discount, redemption, [basis] )

Parameters :

• The following parameter are:

settlement –

• The ministry’s settling date

maturity –

• The ministry’s maturation date (i.e. the date that the coupon expires).

discount –

• The fraction interest amount of the security.

redemption –

• The redeem value of the securities per $100 face value.
  [basis] – An optional integer input that sets the security’s financial day count basis. Possible values include: