I bought my first Treasury last March.
CUSIP 91282CEA5
It was a 2 year 1.5% that I bought at a discount. At the time I recall the broker I purchased it from said it had an annual yield of over 5%.
I've only received one interest payment at the end of August so far. But to get that yield I think I'll need to get another interest payment along with the face value on the date of maturity, LEAP day, Feb 29, 2024.
I was just trying to confirm somewhere that I will get another interest payment when it matures. I've been unable to Google my way to an answer. Is there a way to confirm this?
CUSIP 91282CEA5
It was a 2 year 1.5% that I bought at a discount. At the time I recall the broker I purchased it from said it had an annual yield of over 5%.
I've only received one interest payment at the end of August so far. But to get that yield I think I'll need to get another interest payment along with the face value on the date of maturity, LEAP day, Feb 29, 2024.
I was just trying to confirm somewhere that I will get another interest payment when it matures. I've been unable to Google my way to an answer. Is there a way to confirm this?