Example 3: Asked price to Treasury Bill The yield on a treasury bill (Cap=1.19%). The number of days to maturity is 161 What is the asked price? $10,000-P 1.19%= => P=$9946.8 P 161 Note that this price is the selling price from the dealers point of view: the price you would have to pay to buy a T-bill from a securities dealer. *360 Example 3: Asked price to Treasury Bill The yield on a treasury bill (Cap=1.19%). The number of days to maturity is 161 What is the asked price? $10,000-P 1.19%= => P=$9946.8 P 161 Note that this price is the selling price from the dealers point of view: the price you would have to pay to buy a T-bill from a securities dealer. *360