KIC000006 - Treasury Bills Treasury Bills BDY BEY...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Treasury Bills Treasury Bills BDY BEY Sbcrt-rerm government debt securities / \ L Sold through QVt'tio1 by the U.S. Treasury DllYSto , Maturity BkI Asked Cbg Ask Yield Maturity of one year or less (weekJy) M .tllrin Discount boods ill!L ~ $ ) J)e( 31 '98 31 4.33 4.29 ..0.01 4.37 Minimum denomlnation is S 1,lnJ Feb2S '" 87 4.42 4.41 (Un 4.52 1ru.- ~at Ibe SUIte and locallevel MaJ" 13 '99 164 4.42 4.40 n.02 4.55 Treasury Bills ~ Although it isn't listed, we can find the ask price of the T-bill maturing in Mil)' of 1999 using the quoted Bond Equivalent Yield. Solving the BEY formula for P, we have: ""?_ 3,'Jf:j:),tfJ:>- ~ "-f&>r Treasury Bond Quotations Semi--annual coupons 32oc1s ofpar Coupon and Principal Strips Yield to Maturity j "'to Maturity Bid "' .... COg 4.750 Nqv OS, 100:05 100:06- ) 10.615 Auc lS 156:.31 157:05 5.25ll Novl8 101;11 101:18 .......
View Full Document

This note was uploaded on 09/07/2011 for the course FINANCE 320 taught by Professor Sapp during the Fall '10 term at Iowa State.

Page1 / 2

KIC000006 - Treasury Bills Treasury Bills BDY BEY...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online