About this document
Treasury Bill Yield Calculation Methods by xerxinx is a document available to read on EtoBox.
The document discusses methods for calculating yields on Treasury bills using the bank discount method. It explains that yields are annualized based on a 360-day year and reported as a percentage of face value. An example is provided where a 36-day bill with a 0.043% ask yield would be purchased at a discount of 0.0043% of par value. The last column yield is the bond-equivalent yield, which annualizes the return using a 365-day year.
- Author
- xerxinx
- Language
- EN