Treasury bill interest rate 2020
CBN has published its treasury bills programme for January–March 2020, indicating that it planned to raise about ₦847.4 billion in cash. Example of treasury bill interest rate calculation. Let’s use the interest rate for Monday 5th August 2019 , which is 14.7325% for 91 days . Assuming you are investing GHS3000 in a T-bill at the prevailing rate of return of 14.7325% for 91 days. Yields on Treasury nominal securities at “constant maturity” are interpolated by the U.S. Treasury from the daily yield curve for non-inflation-indexed Treasury securities. This curve, which relates the yield on a security to its time to maturity, is based on the closing market bid yields on actively traded Treasury securities in the over-the-counter market.