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

FAQs

4 Week Treasury Bill Rate Market Daily Analysis: H.15 Selected Interest Rates? ›

ABSTRACT: The H. 15 statistical release is a data publication containing daily interest rates for selected U.S. government and Federal Reserve series. Data includes the Effective Federal Funds Rate, 10-Year Treasury Constant Maturity Rate, and 3-Month Treasury Bill: Secondary Market Rate.

ABSTRACT: The H. 15 statistical release is a data publication containing daily interest rates for selected U.S. government and Federal Reserve series. Data includes the Effective Federal Funds Rate, 10-Year Treasury Constant Maturity Rate, and 3-Month Treasury Bill: Secondary Market Rate.

Basic Info

4 Week Treasury Bill Rate is at 5.27%, compared to 5.27% the previous market day and 5.59% last year. This is higher than the long term average of 1.42%.

Your daily periodic interest can be calculated by dividing your Annual Percentage Rate (APR) by the number of days that are taken into account for the year, this is typically 360 or 365 days depending on your credit card issuer.

Face Value Redemption and Interest Rate

For example, suppose an investor purchases a 52-week T-bill with a face value of $1,000. The investor paid $975 upfront. The discount spread is $25. After the investor receives the $1,000 at the end of the 52 weeks, the interest rate earned is 2.56% (25 / 975 = 0.0256).

Basic Info

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 3 Month Treasury Bill Rate is the yield received for investing in a government issued treasury security that has a maturity of 3 months.

An annual percentage rate (APR) of 15% indicates that if you carry a balance on a credit card for a full year, the balance will increase by approximately 15% due to accrued interest. For instance, if you maintain a $1,000 balance throughout the year, the interest accrued would amount to around $150.00.

Keep in mind that, while every term is currently yielding over 5% per year, that's per year. A four-week T-Bill will return 1/13th as much because it's 1/13th the length of a full-year (52-week) T-Bill. Choose the amount you want to spend, and if you want to re-invest your money after the T-Bill matures.

T-bills are generally held until the maturity date or cashed out before maturity. Investors can buy T-bills in electronic form from a brokerage firm or directly from the government: Treasury Direct: New issues of T-bills can be purchased at auctions held by the government at treasurydirect.gov.

We auction 4-week, 8-week, 13-week, 17-week, and 26-week bills every week. Typically, we auction 13-week and 26-week bills on Monday, the 17-week on Wednesday, and 4-week and 8-week bills on Thursday.

How do I calculate my daily interest rate? ›

You first take the annual interest rate on your loan and divide it by 365 to determine the amount of interest that accrues on a daily basis. Say you owe $10,000 on a loan with 5% annual interest. You'd divide that 5% rate by 365: 0.05 ÷ 365 = 0.000137 to arrive at a daily interest rate of 0.000137.

To convert an annual interest rate to a daily rate, you can use a simple mathematical formula. First, divide the annual rate by 365 to get the daily rate. For example, if the annual rate is 10%, the daily rate would be 0.0274% (10% divided by 365). This calculation assumes that interest is compounded daily.

The higher the APY, the better. Compound frequency: The more regularly the interest compounds — say, daily versus monthly — the faster your money will grow. If you add $2,000 to an account earning 2% interest that compounds daily, you would earn $40.40 in interest in one year.

Basic Info

1 Month Treasury Rate is at 5.50%, compared to 5.50% the previous market day and 5.69% last year.

Key Takeaways. Yield is the annual net profit that an investor earns on an investment. The interest rate is the percentage charged by a lender for a loan. The yield on new investments in debt of any kind reflects interest rates at the time they are issued.

If you're saving for a goal less than a year away: If you're saving money for a goal with a short-time horizon, T-bills can make more sense than CDs. They provide a higher APY than savings accounts, and they're more liquid than CDs.

A good personal loan interest rate depends on your credit score: 740 and above: Below 8% (look for loans for excellent credit) 670 to 739: Around 14% (look for loans for good credit) 580 to 669: Around 18% (look for loans for fair credit)

Current Rate: 4.28%

(But if you cash before 5 years, you lose 3 months of interest.)

The composite rate for I bonds issued from May 2024 through October 2024 is 4.28%.

The Fed on Wednesday said it is keeping the federal funds rate in a range of 5.25% to 5.5%, the same level it has held since the central bank's July 2023 meeting, which is its highest level in more than 20 years.