Ix-month treasury bills were issued at a discount of 1.66%. What was the annual yield
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Explanation:
The 6 Month Treasury Bill Rate is the yield received for investing in a US government issued treasury bill that has a maturity of 6 months. The 6 month treasury yield is included on the shorter end of the yield curve.
This figure tells you the T-bill's yield during the maturity period. Multiply this number by 100 to convert to a percentage. Next, multiply the yield you just calculated by 365 and then divide by the number of days in the maturity period that you determined earlier.
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