What is ‘true yield’ in treasury bills

Question: I highly appreciate your enlightening and inspirational writeups in the Punch Newspaper. I have come across the term ‘true yield’ in treasury bills which is usually higher than the actual rate. Please can you through more light on this? Answer: Thanks for your question. To understand true yield in treasury bills, you need to The post What is ‘true yield’ in...

This is a summary. Please click on the title of the blog post (blue) to continue reading this post. You can follow me on twitter at www.twitter.com/usiere and comment on the blog. I'd love to hear from you. Thanks!