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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

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

$9,993.85

$9,976.55

Discount

$6.15

$23.45

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