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re: Bought US Treasury 1y
Posted on 10/21/22 at 5:01 pm to Triple Bogey
Posted on 10/21/22 at 5:01 pm to Triple Bogey
quote:
I did the bond wizard on US treasuries less than a year, but when I got to the purchase screen it was saying all kids of different shite and I had no idea what any of it meant.
I did the same thing with a 1 yr t bill
Min Purchase 5
Principle 4928.60
Accrued Int. 69.53
Total Cost 4998.13
Is my cash account going to be debited 4928.60 or 4998.13
Which the 2nd value puts me paying the int. so I don't believe that is right by any means.
Not much help on you tube or Think or Swim.
Posted on 10/21/22 at 5:04 pm to TeaParty
quote:
I did the same thing with a 1 yr t bill Min Purchase 5 Principle 4928.60 Accrued Int. 69.53 Total Cost 4998.13 Is my cash account going to be debited 4928.60 or 4998.13 Which the 2nd value puts me paying the int. so I don't believe that is right by any means. Not much help on you tube or Think or Swim.
None of these prices make any sense for a 1 yr TBill. Are you sure it’s a T bill or is it a treasury note/bond?
This post was edited on 10/21/22 at 5:10 pm
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