Yields on T-Bills have risen to around 7%

Due to the rise in interest rates, T-bill yields have risen quite a bit in 2022. Rates have spiked up from nearly 4% to 7%. The 364-day T-bill is now currently yielding about 7%.

Date 91-Day T-Bill 182-Day T-Bill 364-Day T-Bill
Jan 7,2022 3.56 4.02 4.34
Jan 14,2022 3.57 4.03 4.38
Jan 21,2022 3.69 4.12 4.47
Jan 28,2022 3.71 4.18 4.51
Feb 4,2022 3.88 4.4 4.66
Feb 11,2022 3.89 4.4 4.67
Feb 18,2022 3.68 4.16 4.49
Feb 25,2022 3.7 4.19 4.52
Mar 4,2022 3.74 4.29 4.63
Mar 11,2022 3.81 4.38 4.71
Mar 18,2022 3.77 4.33 4.65
Mar 25,2022 3.8 4.32 4.62
Apr 1,2022 3.84 4.27 4.58
Apr 8,2022 3.87 4.27 4.56
Apr 15,2022 3.98 4.43 4.82
Apr 22,2022 3.96 4.41 4.81
Apr 29,2022 3.98 4.4 4.81
May 6,2022 4.03 4.43 4.84
May 13,2022 4.95 5.46 5.92
May 20,2022 4.91 5.43 5.92
May 27,2022 4.89 5.43 5.91
Jun 3,2022 4.95 5.52 6.08
Jun 10,2022 5 5.63 6.12
Jun 17,2022 5.06 5.73 6.28
Jun 24,2022 5.09 5.76 6.28
Jul 1,2022 5.16 5.79 6.29
Jul 8,2022 5.14 5.67 6.14
Jul 15,2022 5.24 5.75 6.18
Jul 22,2022 5.4 5.85 6.24
Jul 29,2022 5.62 5.98 6.33
Aug 5,2022 5.56 5.89 6.23
Aug 12,2022 5.59 5.96 6.26
Aug 19,2022 5.56 5.91 6.2
Aug 26,2022 5.6 5.99 6.27
Sep 2,2022 5.63 6.09 6.32
Sep 9,2022 5.63 6.1 6.34
Sep 16,2022 5.72 6.19 6.43
Sep 23,2022 5.88 6.43 6.65
Sep 30,2022 6.18 6.64 6.8
Oct 7,2022 6.07 6.6 6.79
Oct 14,2022 6.31 6.76 7.02

You can invest in T-bills on Coin:

https://coin.zerodha.com/dashboard/gsec/invest


To learn more about what are T-bills and how do they work, check out the Varsity chapter:

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But we cannot determine the yield, we can only bid and the price is set by institutions, so we will not get 7%.

For people in 30% tax slab, the returns will be adjusted to ~5%

T-bills arent pledgeable right - that a big discouragement.

For 30% tax slab people, indexation products are the best choice, return wise.

The yields will be around the same mark =/- afew basis points.

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