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Subject: [OASIS Issue Tracker] Updated: (OFFICE-2224) TBILLEQ: add formula,needs better description

     [ http://tools.oasis-open.org/issues/browse/OFFICE-2224?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Eike Rathke updated OFFICE-2224:

    Affects Version/s:     (was: ODF 1.2)

> TBILLEQ: add formula, needs better description
> ----------------------------------------------
>                 Key: OFFICE-2224
>                 URL: http://tools.oasis-open.org/issues/browse/OFFICE-2224
>             Project: OASIS Open Document Format for Office Applications (OpenDocument) TC
>          Issue Type: Sub-task
>          Components: OpenFormula
>            Reporter: Eike Rathke
>            Assignee: Eike Rathke
>             Fix For: ODF 1.2
> Broken out from OFFICE-916
> - Excel gives the formula:
>   "TBILLEQ is calculated as TBILLEQ = (365 x rate)/360-(rate x DSM), where DSM
>   is the number of days between settlement and maturity computed according to
>   the 360 days per year basis."
>   That's wrong - should be (365 x rate)/[360-(rate x DSM)]. Also: using the
>   360 day year is vital information which needs to be included.
> [ed:] TODO: add formula.
> - "bond-equivalent yield for a treasury bill" is probably lifted from Excel's
>   Help, and comes across as jargon; needs more explanation, especially for
>   non-US people.
> [ed:] TODO: any native English speaker knowledgeable in that domain?

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