T-Bill rates
I have question on T-Bills. A CD deposit gives a rate of .75%, but a T-Bill gives a rate of .12 or .09. Does that mean the T-Bill is giving .12% or .09% or 12% and 9%?
I have question on T-Bills. A CD deposit gives a rate of .75%, but a T-Bill gives a rate of .12 or .09. Does that mean the T-Bill is giving .12% or .09% or 12% and 9%?
Career Resources
TBill can be any maturity 1 yr or less, and each maturity will have a different rate. The .09 literally does mean .09% in this case.
Et nobis odit non eveniet. Perspiciatis non repellendus tempora quia eos assumenda rerum. Qui error fugit fugit dolorem neque omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...