T-Bill Yields 2009. The interest yields on U.S. Treasury securities in early 2009 fell to very low levels as a result of the combined events surrounding the global financial crisis. Calculate the simple and annualized yields for the 3-month and 6-month Tresury bills auctioned on March 9, 2009, listed here:

3-Month T-Bill 6-Month T-Bill Treasury bill, face value $10,000.00 $10,000.00 Price at sale $9,993.88 $9,976.76 Discount $6.12 $23.24

The simple yield for the 3-month Treasury bills is The simple yield for the 6-month Treasury bills is