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

FAQs

3 Month 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

3 Month Treasury Rate is at 5.47%, compared to 5.46% the previous market day and 5.20% last year. This is higher than the long term average of 2.71%. 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.

H. 15(519) means the weekly statistical release designated “Statistical Release H. 15(519), Selected Interest Rates,” or any successor publication, published by the Board of Governors of the Federal Reserve System.

What is the typical relationship among interest rates on three-month Treasury bills, long-term Treasury bonds, and Baa corporate bonds? The interest Rate on three-month Treasury bills fluctuates more than the other interest rates and is lower on average.

It means you'll accrue 0.15/12, or 0.0125, or 1.25% of the outstanding principal as interest every month. If left alone, your interest would be (1 + 0.15/12)¹² - 1. 0.16075451.... 16.08% effective annual rate.

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.

While interest rates and inflation can affect Treasury bill rates, they're generally considered a lower-risk (but lower-reward) investment than other debt securities. Treasury bills are backed by the full faith and credit of the U.S. government. If held to maturity, T-bills are considered virtually risk-free.

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).

What is the constant maturity of the Treasury? ›

Constant maturity is the theoretical value of a U.S. Treasury that is based on recent values of auctioned U.S. Treasuries. The value is obtained by the U.S. Treasury on a daily basis through interpolation of the Treasury yield curve which, in turn, is based on closing bid-yields of actively-traded Treasury securities.

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.

Yes t-bill rates are annualized. T-bills are zero coupon bonds and all of the interest is therefore paid at maturity. They are discount instruments and you will receive face value at maturity which includes the interest.

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.

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)

The current prime rate is 8.50%.

The legal maximum in Maryland is 6%, but can be 8% under a written contract. There are also some exceptions for mortgage loans and installment contracts for automobiles and other consumer goods.