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Expensive Workforce,
I’m planning to buy T payments that may expire at the moment in COIN. Please make clear the under factors, if not, appropriate me:
The quantity might be debited from my Zerodha money stability
After 91 days, I’ll get the quantity again into my checking account instantly, not into the Zerodha money
Indicative yield as talked about within the picture means, 3.97/3 month, approx 1.32% per thirty days is the curiosity or is there a distinct calculation?
Can I exit earlier than the 91 days, like is it tradable in secondary market and if sure, what in regards to the liquidity?
Hy @Mahesh2020
Sure after maturity it shall be credited to your checking account inside 5 days. This hyperlink may provide help to perceive the method.
Indicative yield of three.97% means its every year. So it may be calculated round 0.97% for 90 days.
You possibly can test in market look ahead to TB.
You can’t exit earlier than the maturity. There isn’t a a lot liquidity
2 Likes
okay 3.97% every year , per thirty days 0.34 approx so 90days it’s calculated as 0.34*3 ={0.99} for 3 months curiosity
so Ex : 10,000 the curiosity quantity credit score is 0.99% it means 99 rupees
All yields are every year.
Frankly investing in T-bill has no massive benefit for retail traders. You might be higher off investing in liquid funds as a substitute.
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