us-treasury-bill

  1. Nicole Seaman

    P1.T3.23.5. Interest rate futures: conventions and T-bond futures contract

    Learning objectives: Identify the most commonly used day count conventions, describe the markets that each one is typically used in, and apply each to an interest calculation. Calculate the conversion of a discount rate to a price for a US Treasury bill. Differentiate between the clean and dirty...
    • Nicole Seaman
    • Thread
    • clean-price day-count-conventions dirty-price discount-rates futures-contract-conversion-factor interest-rate-futures us-treasury-bill us-treasury-bond
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    • Forum: FRM® Practice Questions
  2. Nicole Seaman

    YouTube T3-24: Quote versus cash price of US Treasury bill

    A US Treasury bill is a (money market) discount instrument: the quoted price represents a discount from the face value. In this example, a quote price of 8.00 on a 90-day US Treasury bill implies a cash price of $98.00 and a true interest rate of 8.163% per annum David's XLS is here...
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