Wazua
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Treasury Bills
Rank: Member Joined: 12/20/2007 Posts: 5
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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........
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Rank: Member Joined: 5/7/2008 Posts: 54
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Rank: Member Joined: 4/17/2009 Posts: 1
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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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Wazua
»
Investor
»
Bonds
»
Treasury Bills
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