Daily DAX : Day 383 DISC
Power BI DAX: DISC Function Syntax DISC(Settlement, Maturity, Par, Redemption, [Basis]) Parameters Settlement : The date when the security is purchased. Maturity : The date when the security matures (expires). Par : The face value of the security (usually 100 or 1000). Redemption : The value received at maturity per Par value (e.g., 100). [Basis] (Optional): Day count basis (0 = US 30/360, 1 = Actual/Actual, etc.). Default is 0. What It Returns The DISC function calculates the discount rate for a security (like a Treasury bill) that is sold at a discount and does not pay periodic interest. Use Case Example Scenario : You bought a Treasury bill on January 15, 2025 , which matures on July 15, 2025 . The fac...