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

FAQs

What is the H-15 selected interest rate? ›

ABSTRACT: The H. 15 statistical release is a data publication containing daily interest rates for selected U.S. government and Federal Reserve series. Data includes the Effective Federal Funds Rate, 10-Year Treasury Constant Maturity Rate, and 3-Month Treasury Bill: Secondary Market 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.

Basic Info. 3 Month Treasury Bill Rate is at 5.25%, compared to 5.25% the previous market day and 5.18% last year.

An annual percentage rate (APR) of 15% indicates that if you carry a balance on a credit card for a full year, the balance will increase by approximately 15% due to accrued interest. For instance, if you maintain a $1,000 balance throughout the year, the interest accrued would amount to around $150.00.

6 Month Treasury Bill Rate is at 5.17%, compared to 5.16% the previous market day and 5.11% last year. This is higher than the long term average of 4.49%. The 6 Month Treasury Bill Rate is the yield received for investing in a US government issued treasury bill that has a maturity of 6 months.

You can only buy T-bills in electronic form, either from a brokerage firm or directly from the government at TreasuryDirect.gov. (You can also buy Series I savings bonds through TreasuryDirect.gov). The most common maturity dates are four weeks, eight weeks, 13 weeks, 26 weeks and 52 weeks.

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.

If you're saving for a goal less than a year away: If you're saving money for a goal with a short-time horizon, T-bills can make more sense than CDs. They provide a higher APY than savings accounts, and they're more liquid than CDs.

Are 6 month Treasury bills taxable? ›

T-Bill Tax Considerations

The interest income that you may receive from investing in a treasury bill is exempt from any state or local income taxes, regardless of the state where you file your taxes. However, you will need to report interest income from these investments on your federal tax return.

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.

When the bill matures, you are paid its face value. You can hold a bill until it matures or sell it before it matures.

Treasury bill rates compared to other Treasury securities

Unlike T-bills, Treasury notes and Treasury bonds pay interest every six months.

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)

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)

Current Rate: 4.28%

(But if you cash before 5 years, you lose 3 months of interest.)

The composite rate for I bonds issued from May 2024 through October 2024 is 4.28%.