T Bills
Terry if we renew a 26 week t bill do we get the same rate as the original 26 week t bill or are we subject to the rate at the time the first 26 week t bill matures?
Enjoy your advise on WGN – thank you,
Terry Says
You get the new rate that is set at auction the week your T-bill renews. But you have a few days before the auction to cancel the transaction if rates are trending lower and you don’t want to renew.
