 Quote:
|
Originally Posted by burch64
I thought it (Zero-Percent Certificate of Indebtedness) is just a way to adjust your Treasury Direct account without actually transfering it to your checking or savings account.
For instance you have the 6 month t-bill, after 6 months they pay it to your Zero-percent account and you turn around and buy another 6 month t-bill without it going to your checking account.
If I am correct it makes sense to me.
|
Makes sense except that they get the use of the money without paying interest.
__________________
"And Jesus spake, 'Become thou now fishers of adjustable rate mortgages'" - New Conservative Bible
|