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ACCRINTM function in Google Sheets

Calculates the accrued interest of a security that pays interest at maturity.

=ACCRINTM(issue, maturity, rate, [redemption], [day_count_convention])

ACCRINTM syntax and parameters

Five arguments, three required.

  • issueanyRequired

    The date the security was initially issued.

  • maturityanyRequired

    The maturity date of the security.

  • ratenumberRequired

    The annualized rate of interest.

  • redemptionnumberOptional

    [OPTIONAL] - The redemption value of the security.

  • day_count_conventionnumberOptional

    [ OPTIONAL - 0 by default ] - An indicator of what day count method to use. 0 indicates US (NASD) 30/360 - This assumes 30 day months and 360 day years as per the National Association of Securities Dealers standard, and performs specific adjustments to entered dates which fall at the end of months. 1 indicates Actual/Actual - This calculates based upon the actual number of days between the specified dates, and the actual number of days in the intervening years. Used for US Treasury Bonds and Bills, but also the most relevant for non-financial use. 2 indicates Actual/360 - This calculates based on the actual number of days between the speficied dates, but assumes a 360 day year. 3 indicates Actual/365 - This calculates based on the actual number of days between the specified dates, but assumes a 365 day year. 4 indicates European 30/360 - Similar to 0, this calculates based on a 30 day month and 360 day year, but adjusts end-of-month dates according to European financial conventions.

ACCRINTM examples

Formulas you'll actually reuse.

  1. Interest accrued on a $10,000 note that pays everything at maturity — six months at 4%:

    =ACCRINTM(DATE(2026, 1, 1), DATE(2026, 7, 1), 4%, 10000, 0)

    Result200

  2. The same from cells on an actual/actual basis:

    =ACCRINTM(B2, C2, D2, E2, 1)

ACCRINTM in Excel

Same name — your formula ports as-is.

Try ACCRINTM in the playground

Edit the example — nothing to install.

Preloaded with the ACCRINTM formula from Example 1 — change anything and watch it respond.

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