All versions
Financial
The Excel ACCRINT function returns the accrued interest for a security that pays periodic interest. Settlement and maturity are dates wrap them in DATE() so Excel reads them correctly..
Quick answer:
=ACCRINT(DATE(2026,1,1), DATE(2026,7,1), DATE(2026,4,1), 5%, 1000, 2) // interest accrued to settlement
Syntax
=ACCRINT(issue, first_interest, settlement, rate, par, frequency, [basis], [calc_method])
| Argument | Description | |
|---|---|---|
issue | Required | Issue date. |
first_interest | Required | First interest date. |
settlement | Required | Settlement date. |
rate | Required | Annual coupon rate. |
par | Required | Par value (default 1000). |
frequency | Required | Coupons per year. |
basis | Optional | Day-count basis. |
calc_method | Optional | TRUE (default) accrues from issue; FALSE from last coupon. |
How to use it
ACCRINT returns the accrued interest for a security that pays periodic interest. Settlement and maturity are dates wrap them in DATE() so Excel reads them correctly..
=ACCRINT(DATE(2026,1,1), DATE(2026,7,1), DATE(2026,4,1), 5%, 1000, 2) // interest accrued to settlement
Try it: interactive demo
Live demo
This is the formula pattern ACCRINT uses — copy it into Excel with your own numbers.
Result: computed in Excel
Practice workbook
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Frequently asked questions
How do I enter the dates?
Wrap settlement and maturity in DATE(year,month,day) so Excel reads real dates, not text.
Which Excel versions support it?
All modern versions.
Why might it return #NUM! or #VALUE!?
Out-of-range arguments (e.g. negative rate or settlement after maturity) give #NUM!; non-numeric inputs give #VALUE!.
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