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Personal Investments • interest rate calculation on 2-year Treasury note

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I just purchased the 2-year Treasury note at auction.
The price was $99.838827.
According to treasury.gov , the interest rate is 4.25%

How is that 4.25% calculated?

Statistics: Posted by Nyc10036 — Tue Dec 24, 2024 9:06 am — Replies 10 — Views 241



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