T BILLS

By Terry Savage on February 04, 2024 | Chicken Money

Terry, as an example if I buy a  $10,000. six month T Bill they will take out $9800. out of my bank account then deposit $10,000. in my bank account six months later. If I choose to roll over that T Bill will they reinvest the entire $ 10,000. or deposit the $ 200. interest back into my bank account and just roll over $ 9800.  Thank You for your help, Tom

Terry Says

At rollover time you get the interest “up front”, deposited into your bank account — but still have $10,000 invested in T-bills.

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