Treasury Bill Yield Calculator

Calculate various yield measures for U.S. Treasury Bills including discount yield, money market yield, and bond equivalent yield.

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Important Financial Disclaimer

This calculator provides estimates based on standard financial formulas from verified references. Results are for informational and educational purposes only and should not be considered as professional financial, investment, or tax advice.

For important financial decisions such as loans, investments, mortgages, retirement planning, or tax matters, please consult with qualified financial advisors, certified financial planners, or licensed tax professionals who can review your specific situation.

Calculations may not account for all variables specific to your circumstances, local regulations, or current market conditions. Always verify results and consult professionals before making financial commitments.

Not a substitute for professional financial advice

T-Bill Details

$
$
days

T-Bills are sold at a discount and pay face value at maturity. Different yield measures serve different comparison purposes.

Bond Equivalent Yield

6.108%

comparable to bond yields

Discount
$150.00
Days to Maturity
91

Yield Measures

Bank Discount YieldQuote convention (360-day)
5.934%
Money Market YieldCD equivalent (360-day)
6.024%
Bond Equivalent YieldInvestment rate (365-day)
6.108%
Effective Annual YieldCompound return
6.250%

Return Analysis

Purchase Price$9,850.00
Face Value at Maturity$10,000.00
Profit$150.00
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