Ask Terry Questions Treasury bill interest

Treasury bill interest

By Terry Savage on October 02, 2022 | Chicken Money

After listening to you on WGN radio I bought a treasury bill. I bought a $10,000 note, but on my bank statement it only shows a deduction of $9805.36. I went to my treasury account and it states that I do have a $10,000 t bill. Why the difference? thank you

Terry Says

You get the interest UP FRONT! That actually increases your “yield” a bit. Isn’t that a nice surprise! It will happen again if you checked the box to automatically rollover your investment in 6 months.

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