What is the 4 week T bill rate today?
Basic Info. 4 Week Treasury Bill Rate is at 5.29%, compared to 5.29% the previous market day and 4.50% last year. This is higher than the long term average of 1.38%.
T-Bill Redemptions and Interest Earned
T-bills are issued at a discount from the par value (also known as the face value) of the bill, meaning the purchase price is less than the face value of the bill. So, for example, a $1,000 bill might cost the investor $950.
- Yield Open5.365%
- Yield Day High5.429%
- Yield Day Low5.328%
- Yield Prev Close5.338%
- Price5.125.
- Price Change+0.01.
- Price Change %+0.1955%
- Price Prev Close5.115.
Treasury bills also known as T-bills are securities issued by the United States federal government. The current yield for the 4-month T-bill is 5.42%. At the end the 17 week term all interest is paid out. T-bills are purchased below face value and full face value is paid at maturity.
First, to calculate the bond's yield, you'd subtract 97 from 100 and divide by 97. From there, you'd multiply by 100 to arrive at a yield of 3.09%. To annualize the bill's yield, multiply 3.09% by 365, and then divide the result by 182 (the bill's number of days to maturity) to arrive at an annualized yield of 6.2%.
3 Month Treasury Bill Rate is at 5.24%, compared to 5.23% the previous market day and 4.70% last year. This is higher than the long term average of 4.19%. The 3 Month Treasury Bill Rate is the yield received for investing in a government issued treasury security that has a maturity of 3 months.
Range: 5.39 to 5.405.
| Release Date | Actual | Previous |
|---|---|---|
| Feb 01, 2024 | 5.265% | 5.275% |
| Jan 25, 2024 | 5.275% | 5.275% |
| Jan 18, 2024 | 5.275% | 5.275% |
| Jan 11, 2024 | 5.275% | 5.285% |
| Bonds | Yield | Day |
|---|---|---|
| US 52W | 5.00 | 0.016% |
| US 2Y | 4.66 | -0.006% |
| US 3Y | 4.43 | -0.011% |
| US 5Y | 4.29 | -0.016% |
| Date | Open | Low |
|---|---|---|
| Feb 13, 2024 | 5.22 | 5.22 |
| Feb 12, 2024 | 5.22 | 5.22 |
| Feb 11, 2024 | - | - |
| Feb 09, 2024 | 5.22 | 5.22 |
How much will a 4 week T-bill pay?
4 Week Treasury Bill Rate (I:4WTBRNK)
4 Week Treasury Bill Rate is at 5.28%, compared to 5.28% the previous market day and 4.49% last year. This is higher than the long term average of 1.37%.
The United States 4 Week Bill Yield is expected to trade at 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 5.02 in 12 months time.
Basic Info. 1 Month Treasury Rate is at 5.49%, compared to 5.48% the previous market day and 4.64% last year.
Let's say you purchase a $10,000 T-bill with a discount rate of 3% that matures after 52 weeks. That means you pay $9,700 for the T-bill upfront. Once the year is up, you get back your initial investment plus another $300.
Principal Payments at Maturity
SGS bonds and T-bills are redeemed at face (par) value when they mature. The face value of the SGS and the last interest payment will be automatically credited to your bank account. You do not need to take any action, and there is no transaction fee.
Key Takeaways
Interest from Treasury bills (T-bills) is subject to federal income taxes but not state or local taxes. The interest income received in a year is recorded on Form 1099-INT. Investors can opt to have up to 50% of their Treasury bills' interest earnings automatically withheld.
The most common terms for T-bills are for four, eight, 13, 17, 26 and 52 weeks. Treasury bills can be bought directly from the government at TreasuryDirect.gov or through a brokerage account.
Interest income from Treasury securities is subject to federal income tax but exempt from state and local taxes.
5 Year Treasury Rate is at 4.29%, compared to 4.22% the previous market day and 4.06% last year. This is higher than the long term average of 3.75%. The 5 Year Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 5 years.
Basic Info. 1 Year Treasury Rate is at 4.98%, compared to 4.97% the previous market day and 5.07% last year.
How do you buy T bills?
Buying through a bank, broker, or dealer
Individuals, organizations, fiduciaries, and corporate investors may buy Treasury securities through a bank, broker, or dealer. With a bank, broker, or dealer, you may bid for Treasury marketable securities non-competitively or competitively, but not both, for the same auction.
You can buy a bill in TreasuryDirect or through a bank or broker. The table below shows the types of bills available for purchase by both means.
The most common maturity dates are four weeks, eight weeks, 13 weeks, 26 weeks and 52 weeks. For newly issued T-bills, the minimum purchase is $100 and the securities are sold in increments of $100. New issues are sold at auction, and to participate, you must sign up with your broker or at TreasuryDirect.gov.
The investor now has a ladder of 13-week Treasuries, with one maturing every four weeks that can be rolled over into another 13-week T-bill. This strategy can be repeated until rates start to decline, the investor needs cash, or the investor finds a better alternative investment.
When the bill matures, you are paid its face value. You can hold a bill until it matures or sell it before it matures. Note about Cash Management Bills: We also sell Cash Management Bills (CMBs) at various times and for variable terms.
