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Treasury Bills
spacer
#1 Posted : Thursday, April 16, 2009 1:01:00 PM
Rank: Member


Joined: 12/20/2007
Posts: 5
Hi

How is the return rate for T Bills calculated for the 91 and 182 days Bills
is it 7 or 8% for each amount or is it calculated per annum hence 7% for 12 months.

clock's Ticking........
across
#2 Posted : Thursday, April 16, 2009 1:59:00 PM
Rank: Member


Joined: 5/7/2008
Posts: 54
mathu
#3 Posted : Thursday, April 16, 2009 2:27:00 PM
Rank: Member


Joined: 4/17/2009
Posts: 1
rate is 8% p.a. hece if you invest 100k for 3 moths,interest will be 100k*.08/12*3months. interest will be 2000.
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