Citigroup 3-month T-bill Index (2024)

FAQs

What is the 3 month T bill index? ›

The FTSE 3 Month US T-Bill Index Series is intended to track the daily performance of 3-month US Treasury bills. The indices are designed to operate as a reference rate for a series of funds.

3 Month Treasury Bill Rate is at 5.25%, compared to 5.25% the previous market day and 5.14% 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.

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). The most common maturity dates are four weeks, eight weeks, 13 weeks, 26 weeks and 52 weeks.

1 Month Treasury Rate is at 5.51%, compared to 5.49% the previous market day and 5.73% last year. This is higher than the long term average of 1.46%. The 1 Month Treasury Rate is the yield received for investing in a US government issued treasury bill that has a maturity of 1 month.

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.

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.

3 Month Treasury Rate is at 5.45%, compared to 5.45% the previous market day and 5.40% last year.

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%.

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.

One of the most common ways to purchase Treasury bills is through a bank. Banks usually offer an array of T-bill products with varying maturities and yields, allowing you to choose the one that best suits your investment needs.

Are T-bills tax free? ›

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.

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.

4 Week Treasury Bill Rate is at 5.27%, compared to 5.27% the previous market day and 5.50% last year.

A 10-year Treasury note is a debt obligation issued by the US government that matures in 10 years. It pays interest twice a year and face value at maturity. The money market yield is the interest rate earned by investing in securities with high liquidity and maturities of less than one year.

We sell Treasury Bills (Bills) for terms ranging from four weeks to 52 weeks. Bills are sold at a discount or at par (face value). When the bill matures, you are paid its face value. You can hold a bill until it matures or sell it before it matures.

TMUBMUSD03M | U.S. 3 Month Treasury Bill Overview | MarketWatch. U.S.

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%.

US3M: U.S. 3 Month Treasury - Stock Price, Quote and News - CNBC.