act/act
Actual/365 is the day-count convention used for US Treasury bonds.
Actual/365 is the day-count convention used for US Treasury bonds and notes.
30/360 is the day-count convention used for corporate bonds.
Act/365
I think it may be 30/360.
30/360 - for corporate bonds, agency and municipal bonds, mortgage backed securities Actual/360 - for T-bills, commercial paper Actual/365 - US Treasury bonds
Actual/360 is the day-count convention used for T-bills.
Actual/360 is the day-count convention used for commercial paper.
Congress uses Savings Bonds and treasury bills and notes to help fund government operations. The money that people pay for the instruments is used immediately with a promise to pay that person the face value plus interest of the instrument (bond) when it matures.
Congress uses Savings Bonds and treasury bills and notes to help fund government operations. The money that people pay for the instruments is used immediately with a promise to pay that person the face value plus interest of the instrument (bond) when it matures.
The economic tool used by the Federal Reserve to buy or sell U.S. Treasury bonds is called open market operations. Through these operations, the Fed can influence the money supply and interest rates in the economy. When the Fed buys Treasury bonds, it injects money into the banking system, lowering interest rates; conversely, selling bonds withdraws money, raising interest rates. This tool is a key mechanism for implementing monetary policy.
US T-Bills use a/360