Description: For example: Settlement: 12/16/19 Maturity: 12/30/19 Rate 0.054 Price: 100 Redemption: 100 Frequency: 2 Basis: 4 Applying YIELD to this, results in 0.05268806713 in Excel, and 0.053332866925242 in LibraOffice Calc. Excel uses a special formula when there is "one coupon period or less until redemption: https://support.office.com/en-us/article/yield-function-f5f5ca43-c4bd-434f-8bd2-ed3c9727a4fe Steps to Reproduce: Settlement: 12/16/19 Maturity: 12/30/19 Rate 0.054 Price: 100 Redemption: 100 Frequency: 2 Basis: 4 YIELD(12/16/19,12/30/19,0.054,100,100,2,4) Actual Results: Results in 0.053332866925242 in LibraOffice Calc. Expected Results: Results in 0.05268806713 in Excel Reproducible: Always User Profile Reset: No Additional Info: Should have had that same result as Excel.
I can confirm a difference between Calc and Excel in Version: 6.5.0.0.alpha0+ (x64) Build ID: ff566c67d67e96c97bcf4064b39df6998733c84e CPU threads: 4; OS: Windows 10.0 Build 18362; UI render: default; VCL: win; Locale: ru-RU (ru_RU); UI-Language: en-US Calc: threaded
Created attachment 156545 [details] Example with Yield function You can open it in MSO and will see another result than in Calc
Should be fixed ASAP. It's very common to buy and sell bonds that mature in less than 6 months.
Why is this taking so long to be corrected? How can I expedite this?