A 1-year Treasury bill, also known as a T-bill, is a short-term debt security issued by the US government with a maturity period of one year.
The T-bill is sold at a discount to its face value, and the investor earns the difference as interest. This is a low-risk investment opportunity with a fixed return.
T-bills are auctioned off by the US Treasury on a regular basis, usually on a weekly or monthly schedule. The auction process is designed to determine the interest rate, or discount rate, that investors are willing to accept for the T-bill.
Investors can purchase T-bills through a bank or broker, and they can also be purchased directly from the US Treasury through TreasuryDirect.
T-Bill 1 Year Details
The 1 Year Treasury Bill Rate has been steadily increasing over the past few months, with a notable spike in November 2024. The rate rose to 4.22% on November 22, 2024, and 4.2% on November 21, 2024.
The rate fluctuated between 4.01% and 4.22% from November 1, 2024, to November 22, 2024. On October 31, 2024, the rate was 4.08%, and on October 30, 2024, it was 4.09%.
The rate reached a peak of 4.22% on November 22, 2024, and then decreased to 4.2% on November 21, 2024.
Here's a summary of the rate changes from November 1 to November 22, 2024:
The rate decreased to 4.1% on November 6, 2024, and then increased to 4.12% on November 12, 2024.
T-Bill Overview
The 1 Year Treasury Bill Rate has been fluctuating over the past few months, with a notable increase in November 2024, reaching a high of 4.22% on November 22, 2024.
In October 2024, the rate was as low as 3.79% on October 1, 2024, but it gradually increased to 4.01% by October 11, 2024.
The rate has been above 4% since November 2024, with a few exceptions, and has shown a general upward trend.
Here's a breakdown of the 1 Year Treasury Bill Rate in the last few months:
Frequently Asked Questions
What is the current T-bill rate today?
The current 3 Month Treasury Bill Rate is 4.19%. It's slightly lower than yesterday's rate of 4.24%.
Should I buy a 6 month or 1 year T-bill?
Buy a 6 month T-bill if you want the highest current interest rate, but be aware that rates may drop before you can redeploy your capital. Consider your risk tolerance and financial goals before making a decision
How much do 1 year treasury bonds pay?
The 1 year treasury bond yields 4.16% interest. This rate is higher than the long-term average, making it a potentially attractive investment option.
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