the rate of interest obtainable by holding a Treasury bill. Although Treasury bills are non-interest bearing, by purchasing them at a discount and holding them to redemption, the discount is effectively the interest earned by holding these instruments. The Treasury bill rate is the discount expressed as a percentage of the issue price. It is annualized to give a rate per annum.
On October 12, by a vote of 58 to 37, the Senate approved the combined $33-billion Treasury/Postal-Legislative appropriations bill (HR 4516). The bill would provide $30.5 billion for the Department of the Treasury and the postal service and $2.5 billion for the legislative branch, the executive office of the President,...
WASHINGTON AP -- Interest rates on short-term Treasury securities rose in Monday's auction. The Treasury Department sold $8 billion in three-month bills at a discount rate of 4.790 percent, up from 4.695 percent last week. An additional $8 billion was sold in six-month bills at a rate of...
WASHINGTON AP -- Interest rates on short-term Treasury securities fell in Monday's auction. The Treasury Department sold $7.50 billion in three-month bills at a discount rate of 4.520 percent, down from 4.600 percent last week. An additional $7.50 billion was sold in six-month bills at a rate of...
T-bill rates rise WASHINGTON AP -- Interest rates on short-term Treasury securities rose in Monday's auction. The Treasury Department sold $7.5 billion in three-month bills at a discount rate of 4.850 percent, up from 4.680 percent last week. An additional $7.5 billion was sold in six-month...
WASHINGTON AP -- Interest rates on short-term Treasury bills rose in Monday's auction with three-month bills hitting their highest level in more than nine years. The Treasury Department auctioned $9.5 billion in three-month bills at an average discount rate of 6.090 percent. Another $8.5 billion in six-month...
Interest rates on short-term Treasury securities were mixed in Monday's auction. The Treasury Department sold $18 billion in three- month bills at a discount rate of 1.315 percent, down from 1.320 percent last week. An additional $16 billion was sold in six-month bills at a rate of 1.630 percent, unchanged...
Interest rates on short-term Treasury securities were mixed in Monday's auction. The Treasury Department sold $16 billion in three- month bills at a discount rate of 0.940 percent, down from 0.945 percent last week. An additional $16 billion was sold in six-month bills at a rate of 1.030 percent, up...
{{;; ! ERROR ! INVALID COMMAND }WASHINGTON AP _ Interest rates on short-term Treasury securities declined in Monday's auction to the lowest level since late last year. The Treasury Department sold $13 billion in three-month bills at an average discount rate of...
The 3 month Treasury Bill rate is an important fixed income security that I keep track of, not because I trade it but because it is a remarkably accurate gauge of panic in the equities markets. It is also very prescient in leading rate changes by the Federal Reserve board....
By Angela Shah, The Dallas Morning News Knight Ridder/Tribune Business News Apr. 27--FORT WORTH, Texas -- The U.S. Treasury hopes giving Ulysses S. Grant a touch of color will make him tougher. Tougher, that is, against counterfeiters, who have made the...
John Jansen submits: Prices of Treasury coupon securities moved lower today as fears of systemic risk engulfed the markets. The Lehman bankruptcy caused the money market fund The Reserve Fund to break the buck, and that sparked a massive flight to the short end of the Treasury market. (I...
GLENDALE, Calif.--BUSINESS WIRE--Dec. 30, 1994--Storage Equities Inc. (NYSE:SEQ) Friday announced that the dividend on the adjustable-rate cumulative preferred stock, Series C, for the quarter beginning Jan. 1, 1995, will be at a rate of 8.668 percent per annum. The ``Applicable Rate'' was determined by taking the highest...
By a vote of 86-9, the Senate Jan. 28 passed a bill allowing pension plans to temporarily replace the 30-year Treasury bond rate with a rate based on long-term corporate bonds to determine the amounts they have to set aside for traditional plans. A similar measure passed the House...
WASHINGTON AP -- Interest rates on short-term Treasury securities rose in Monday's auction. The Treasury Department sold $16 billion in three-month bills at a discount rate of 1.900 percent, up from 1.815 percent last week. An additional $16 billion was sold in six-month bills at a rate...
The Treasury Department says employers ought to use a yield-curve approach when calculating pension liabilities. Today, plan sponsors use one simple rate that is 20% higher than the four-year average of yields on 30-year Treasury bonds. Under a new Treasury Department proposal,...
WASHINGTON AP -- Interest rates on short-term Treasury bills fell in Tuesday's auction to the lowest levels in 43 years. The Treasury Department auctioned $16 billion in three-month bills at a discount rate of 1.815 percent. Another $16 billion in six- month bills was auctioned at a...
GLENDALE, Calif.--BUSINESS WIRE--Dec. 31, 1998--Harvey Lenkin, president of Public Storage Inc. (NYSE:PSA), Thursday announced that the dividend on the adjustable-rate cumulative preferred stock, Series C, for the quarter beginning Jan. 1, 1999, will be at a rate of 6.75 percent per annum. The "applicable rate" was determined...
You can bank on higher interest rates cropping up this summer, now that the Federal Reserve is expected to slam the brakes even harder. A half-point boost in May will be followed by a quarter-point in June. Prime rate charged by banks, up from the...
WASHINGTON AP -- Interest rates on short-term Treasury securities fell in Monday's auction, with rates on six-month bills reaching their lowest level on record. The Treasury Department sold $13 billion in three-month bills at a discount rate of 1.530 percent, down from 1.655 percent last week. An...
GLENDALE, Calif.--BUSINESS WIRE--Dec. 29, 1995--Harvey Lenkin, president of Public Storage Inc. (NYSE:PSA), Friday announced that the dividend on the adjustable rate cumulative preferred stock, Series C for the quarter beginning Jan. 1, 1996, will be at a rate of 6.75 percent per annum.The "applicable rate" was determined by taking the...
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