Treasury Bill Calculator
Calculate the yield on Treasury Bills (T-Bills). Determine the discount yield and bond-equivalent yield from face value, purchase price, and maturity.
How to Use the T-Bill Calculator
- Enter the face (par) value of the T-Bill.
- Enter the purchase price paid.
- Enter the number of days until maturity.
Referência Rápida
| De | Para |
|---|---|
| $10,000 face, $9,800 price, 91d | ~7.91% discount yield |
| $10,000 face, $9,750 price, 182d | ~4.95% discount yield |
| 4-week T-Bill | ~28 days |
| 13-week T-Bill | ~91 days |
| 52-week T-Bill | ~364 days |
Casos de Uso
- •Evaluating T-Bill investment returns.
- •Comparing T-Bill yields to other fixed-income options.
- •Understanding government debt security pricing.
Fórmula
Discount Yield = ((Face − Price) / Face) × (360 / Days) × 100. Bond-Equivalent Yield = ((Face − Price) / Price) × (365 / Days) × 100.
Perguntas Frequentes
What is a Treasury Bill?
A T-Bill is a short-term government debt security sold at a discount and maturing at face value.
Why two different yields?
Discount yield uses 360-day year and face value; bond-equivalent yield uses 365 days and purchase price for better comparison.
Is it free?
Yes, all calculators are completely free.