6 Month Treasury Bill Rate Market Daily Trends: H.15 Selected Interest Rates (2024)

FAQs

What is the H-15 selected interest rate? ›

Basic Info

6 Month Treasury Rate is at 5.44%, compared to 5.43% the previous market day and 5.14% last year.

What is the typical relationship between interest rates on 6-month Treasury Bills, 10-year Treasury notes, and Baa corporate bonds? They tend to move together over time with the corporate bond having the highest rate of interest.

We sell Treasury Bonds for a term of either 20 or 30 years. Bonds pay a fixed rate of interest every six months until they mature. You can hold a bond until it matures or sell it before it matures.

The United States Federal Reserve Statistical Release H. 15 is a weekly publication (with daily updates) of the Federal Reserve System of selected market interest rates.

Basic Info. 4 Week Treasury Bill Rate is at 5.27%, compared to 5.26% the previous market day and 5.62% last year.

To calculate yield, subtract the bill's purchase price from its face value and then divide the result by the bill's purchase price. Finally, multiply your answer by 100 to convert it to a percentage.

T-bills pay a fixed rate of interest, which can provide a stable income. However, if interest rates rise, existing T-bills fall out of favor since their return is less than the market. T-bills have interest rate risk, which means there is a risk that existing bondholders might lose out on higher rates in the future.

Key Takeaways

Interest from Treasury bills (T-bills) is subject to federal income taxes but not state or local taxes. The interest income received in a year is recorded on Form 1099-INT. Investors can opt to have up to 50% of their Treasury bills' interest earnings automatically withheld.

At this writing, the 6-month T-Bill is yielding 4.88%. Since it does not pay a coupon, the investor will pay $976.45 for it and receive $1000 at the end of six months. This means the investor will have earned $23.55 over the six-month period, resulting in a six-month yield of 2.41%.

How safe are 6 month Treasury bills? ›

A Treasury bill, or T-bill, is a short-term debt obligation backed by the U.S. Treasury Department. It's one of the safest places you can save your cash, as it's backed by the full faith and credit of the government. T-bills are auctioned off at a discount and then redeemed at maturity for the full amount.

Choosing between a CD and Treasuries depends on how long of a term you want. For terms of one to six months, as well as 10 years, rates are close enough that Treasuries are the better pick. For terms of one to five years, CDs are currently paying more, and it's a large enough difference to give them the edge.

Basic Info

6 Month Treasury Bill Rate is at 5.17%, compared to 5.16% the previous market day and 5.14% last year.

Is there a maximum amount I can buy? In a calendar year, one Social Security Number or one Employer Identification Number may buy: up to $10,000 in electronic I bonds, and. up to $5,000 in paper I bonds (with your tax refund)

We sell Treasury Bills (Bills) for terms ranging from four weeks to 52 weeks. Bills are sold at a discount or at par (face value). When the bill matures, you are paid its face value. You can hold a bill until it matures or sell it before it matures.

A good personal loan interest rate depends on your credit score: 740 and above: Below 8% (look for loans for excellent credit) 670 to 739: Around 14% (look for loans for good credit) 580 to 669: Around 18% (look for loans for fair credit)

What is the current Fed interest rate? Right now, the Fed interest rate is 5.25% to 5.50%. The FOMC established that rate in late July 2023. At its most recent meeting in May, the committee decided to leave the rate unchanged.

It means you'll accrue 0.15/12, or 0.0125, or 1.25% of the outstanding principal as interest every month. If left alone, your interest would be (1 + 0.15/12)¹² - 1.