What is the current 6 month Treasury bill rate?
Basic Info
6 Month Treasury Rate is at 5.38%, compared to 5.39% the previous market day and 5.09% last year.
Basic Info
6 Month Treasury Rate is at 5.38%, compared to 5.39% the previous market day and 5.09% last year.
| Label | Value |
|---|---|
| Yield | 5.25% |
| Change | UNCH |
| 21 Day Moving Average | 5.234 |
| 50 Day Moving Average | 5.238 |
Buying in TreasuryDirect. TreasuryDirect is the official United States government application in which you can buy and hold savings bonds and Treasury marketable securities (Notes, Bonds, Bills, TIPS, and FRNs).
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.
Interest income from Treasury securities is subject to federal income tax but exempt from state and local taxes. Income from Treasury bills is paid at maturity and, thus, tax-reportable in the year in which it is received.
Basic Info
3 Month Treasury Rate is at 5.45%, compared to 5.45% the previous market day and 5.20% last year. This is higher than the long term average of 2.70%. The 3 Month Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 3 months.
1 Year Treasury Rate is at 5.16%, compared to 5.18% the previous market day and 4.81% last year.
Range: 5.38 to 5.41.
Treasury Rate Details
The current yield for the 4-month T-bill is 5.42%.
What is the current yield on a 4 week Treasury bill?
Basic Info
4 Week Treasury Bill Rate is at 5.27%, compared to 5.26% the previous market day and 4.44% last year. This is higher than the long term average of 1.40%. The 4 Week Treasury Bill Rate is the yield received for investing in a US government issued treasury bill that has a maturity of 4 weeks.
| ETF | Expense Ratio | Yield to maturity |
|---|---|---|
| Global X 1-3 Month T-Bill ETF (CLIP) | 0.07% | 5.5% |
| iShares 20+ Year Treasury Bond ETF (TLT) | 0.15% | 4.4% |
| iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) | 0.35% | 4.4% |
| Schwab U.S. TIPS ETF (SCHP) | 0.03% | 4% |
When the bill matures, you are paid its face value. You can hold a bill until it matures or sell it before it matures.
By buying directly from the U.S. Treasury, you can avoid paying any extra fees or commissions to your bank. The U.S. Treasury has a $100 minimum to purchase a T-Bill, which is a lower minimum than many banks.
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.
They are sold at a discount to face value, and the difference between the discounted price and face value is your return on investment. For example, if you buy a 12-week T-bill with a face value of $10,000 for $9,800, the difference of $200 is your return for holding the security for 12 weeks.
The minimum investment requirement to buy Treasury bills through TreasuryDirect is $100. But if you buy Treasury bills through a bank or brokerage, you may be subject to unique minimum purchase requirements.
If you live in a state with income taxes, and rates are similar for CDs and T-bills, then it makes sense to go with a T-bill. The amount you save on taxes will likely result in a higher payout from a T-bill than a CD. Another benefit of T-bills is their liquidity. You can buy and sell them on a secondary market.
The No. 1 advantage that T-bills offer relative to other investments is the fact that there's virtually zero risk that you'll lose your initial investment. The government backs these securities so there's much less need to worry that you could lose money in the deal compared to other investments.
Currently, Treasuries maturing in less than a year yield about the same as a CD. Therefore, all things considered, it likely makes more sense to choose Treasuries over CDs, depending on your situation, because of the tax benefits and liquidity when considering very short-term maturities.
What is the T bill rate for 12 months?
- Open5.158% Day Range5.157 - 5.179.
- 52 Wk Range0.005 - 5.515. Price4 30/32.
- Change0/32. Change Percent0.31%
- Coupon Rate0.000% MaturityMar 20, 2025.
Basic Info
2 Year Treasury Rate is at 4.93%, compared to 4.97% the previous market day and 4.19% last year.
5 Year Treasury Rate is at 4.62%, compared to 4.69% the previous market day and 3.69% last year. This is higher than the long term average of 3.75%.
Key takeaways. Treasury bills have short-term maturities and pay interest at maturity. Treasury notes have mid-range maturities and pay interest every 6 months. Treasury bonds have long maturities and pay interest every 6 months.
1 Month Treasury Rate is at 5.49%, compared to 5.49% the previous market day and 4.09% last year.
