Bond
T-Bill Investment Rate: Is it APR or APY? And What Is Your Taxable Equivalent Yield?
If you go to TreasuryDirect’s website and check the latest T-Bill rates, you will find a table with the following seven columns: Security Term, Issue Date, Maturity Date, Discount Rate %, Investment Rate %, Price Per $100, and CUSIP. As a 4-Week T-bill investor, when I look at the table, the single item that concerns [...]
Popularity: 59% [?]
4-Week T-Bill Rate Kept Rising
The lastest 4-Week T-bill rate from last Tuesday's auction is 5.176%, already surpassing interest rates offered from some popular banks, such as EmigrantDirect and HSBC, which earn you 5.05% APY.
If you want to get some other alternatives for your cash reserve, you may want to consider E-Loan, which has a very appealing 5.50% APY and [...]
Popularity: 6% [?]
4-Week T-Bills: Back into Action and How to Make a Purchase
Popularity: 18% [?]
Time to Reconsider 4-Week T-Bill Purchase?
Exactly one month ago, I canceled our $3000 weekly 4-Week T-Bill purchase after the interest rate dropped to 4.757%, far less than the 5.15% APY we earned from EmigrantDirect at that time.
In the past month, we have seen changes on both the banking and T-Bill fronts and the new developments made me wonder if [...]
Popularity: 6% [?]
2006 4-Week T-Bill Rate Update
After reaching a low of 4.624% on September 28th, the rate of the 4-week T-Bill has rebounded a little bit, with the most recent auction on October 10th resulted in a 4.87% APY. While the rate is still lower than what some popular online savings accounts (such as EmigrantDirect and HSBCDirect) currently offer, buying 4-week [...]
Popularity: 4% [?]
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