T Bills 91 Day Yield

[Mahesh2020]

Hello Team,

91 Day T-Bill shows an yield of around 6.9%, does this mean I get paid 6.9% for 3 months (91 days) or is it annualized. Example, 6.9%/12=.575 and this multiplied by 3 is around 1.725% for 91 days, kindly clarify this please.

[Meher_Smaran]

Hi @Mahesh2020

The returns are annualized. Your calculation is correct.

[BornArcher8]

6.9% is annualized. You will get 1.725%.

[ranton137]

@Mahesh2020

does this mean I get paid 6.9% for 3 months (91 days)

If this happens the whole capital market will collapse. Just Kidding. you get annualized.

[Mahesh2020]

Thank you very much team: @ranton137 , @BornArcher8 & @Meher_Smaran