Bond
Year-to-Date 4-Week T-Bill Rates and Current Online Savings Rates
Since the start of 2007, the rates of 4-week Treasury bill have been on the rise. Last week’s auction set the latest investment rate at 5.247% APR. If this rate is converted to annual yield, the APY is 5.376%. Since interests earned from T-bill investments are exempted from state income taxes, the equivalent yield (EAPY) [...]
The Big Fat Check is Here and My Spending Plan is
1. Boost my 4-week T-bill purchases from $12,000 a month to $24,000 a month.
The latest T-bill rate (March 1, 2007) is 5.267% APR, equivalent to a 5.40% APY. Considering that the interests earned from T-bill investment are exempted from state income taxes, the effective annual yield is as high as 5.77%, a rate that [...]
2007 4-Week T-Bill Rate Update
As some popular online savings banks recently slashed their rates (GMAC from 5.25% to 5.00%, Citi e-Savings from 5.00% to 4.75%), the rates of 4-week were on the rise, at least in the first month of 2007.
The rate ended 2006 at 4.742% APR. On January 30th, the rate of 4-week T-bill was 4.972%, which [...]
2006 4-Week T-Bill Rates: The Complete Picture
Here's a complete chart of the 4-week T-bill rates of 2006. Overall, the rates were on the rise throughout the year. It was just above 4.0% when 2006 began, gradually moved up and peaked at 5.263% on November 30th, and ended the year with a 4.742% APR, a 17.6% annual increase in rates.
The sharp [...]
Lastest 4-Week T-Bill Rate at 5.243%, Highest of the Year
The auction of last week's 4-week T-bill set the rate at the highest level of the year. Even without considering the equivalent taxable yield, the rate of 5.243% APR almost matches what GMAC bank has to offer (5.30% APY with $500 initial deposit).
At 5.243% APR, the annual percentage yield (APY) is 5.37%. Since interestes [...]
