DQOTD: What Are T-Bill Balances on Monthly Statement?
Just started buying T-Bills in July, mostly 26 weeks. I noticed my VG monthly statements show a balance for each of the 6 T-Bills we own. It's not the purchase price, or the face value, and does not appear to be a pro-rated yield - so what is it? Price on the secondary market I am guessing? Not that important, all I care about is getting the face value when they mature, just curious what it is...
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)