3 Month Treasury Bill Rate Market Daily Analysis: H.15 Selected Interest Rates (2024)

FAQs

What is the daily 3 month treasury rate? ›

3 Month Treasury Bill Rate (I:3MTBRNK)

3 Month Treasury Bill Rate is at 5.25%, compared to 5.25% the previous market day and 5.12% last year. This is higher than the long term average of 4.19%.

The United States Federal Reserve Statistical Release H. 15 is a weekly publication (with daily updates) of the Federal Reserve System of selected market interest rates. Many residential mortgage loans are indexed to the one-year treasury rate published in the H. 15 release.

Yes t-bill rates are annualized. T-bills are zero coupon bonds and all of the interest is therefore paid at maturity.

Right now, the 3-month Treasury bill rate is 5.25% while the 30-year Treasury rate is 4.58%. So, if you're looking for a risk-free way to earn interest on your cash over a short period of time, investing in a T-bill could be a good choice.

The 3-Month Treasury bill is a short-term U.S. government security with a constant maturity period of 3 months. The Federal Reserve calculates yields for "constant maturities" by interpolating points along a treasury curve comprised of actively traded issues of term (e.g., 1 month) maturities.

Choosing between a CD and Treasuries depends on how long of a term you want. For terms of one to six months, as well as 10 years, rates are close enough that Treasuries are the better pick. For terms of one to five years, CDs are currently paying more, and it's a large enough difference to give them the edge.

Basic Info

6 Month Treasury Rate is at 5.42%, compared to 5.43% the previous market day and 5.46% last year. This is higher than the long term average of 2.84%. The 6 Month Treasury Bill Rate is the yield received for investing in a US government issued treasury security that has a maturity of 6 months.

Treasury Rate Details

The current yield for the 4-month T-bill is 5.47%. 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.

Median Forecasts for 3-Month Treasury Bill Rate is at 4.16%, compared to 4.50% last quarter and 5.26% last year. This is higher than the long term average of 3.83%.

How to calculate the return on a 3 month treasury bill? ›

To calculate yield, subtract the bill's purchase price from its face value and then divide the result by the bill's purchase price. Finally, multiply your answer by 100 to convert it to a percentage.

To calculate the price, take 180 days and multiply by 1.5 to get 270. Then, divide by 360 to get 0.75, and subtract 100 minus 0.75. The answer is 99.25. Because you're buying a $1,000 Treasury bill instead of one for $100, multiply 99.25 by 10 to get the final price of $992.50.

As of the latest update on 30 May 2024 17:23 GMT+0, the United Kingdom 3 Months Government Bond has a yield of 5.267%. This yield represents the return that investors can expect to receive if they hold the bond until its maturity in 3 Months.

Basic Info. Median Forecasts for 3-Month Treasury Bill Rate is at 4.16%, compared to 4.50% last quarter and 5.26% last year. This is higher than the long term average of 3.83%.

You can only buy T-bills in electronic form, either from a brokerage firm or directly from the government at TreasuryDirect.gov. (You can also buy Series I savings bonds through TreasuryDirect.gov).

91-day T-bill auction avg disc rate

What it means: The U.S. government issues short-term debt at a discount at a competitive auction, usually on a weekly basis. At a discount means the note is sold at a discount from face value and then redeemed at maturity at the full face value.