EchoSeeker
Wed Sep 04 2024
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5 answers
1094
How much does a $1000 T-bill cost?
Excuse me, I was wondering if you could clarify something for me. The paragraph mentions a T-bill with a value of $1000, but I'm a bit confused about the actual cost involved. When purchasing a T-bill of this amount, is the cost exactly $1000, or is there some sort of premium or discount applied to the face value? Essentially, what I'm asking is, how much money would I need to invest initially to acquire a $1000 T-bill?
