Re:Yield of 0% a First at 3-Month Treasury-Bill Sale
by justincormack on Tuesday October 06, 2015 @07:13PM
(#10343096)
Doesnt make much difference with T-bills. They dont pay interest per se, they just have a single maturity payment, you buy at a discount, or in this case no discount.
Also governments rarely default on bills (1 year or less maturity) only on longer dated bonds (over a year), for slightly unclear reasons.
Also governments rarely default on bills (1 year or less maturity) only on longer dated bonds (over a year), for slightly unclear reasons.