What is the best way to post entries for t-bills? When you purchase a 30 day t-bill on Treasury Direct, you purchase at a discount, so if it's $1100 face value bill, and the interest rate is 5.4%, you get a 5.4% ($4.53) discount and only pay $1,095.47.
In 30 days the face value is $1100. So how is the interest counted 30 days later? Is there a way to do that? Also, you can let each month roll over into a new bond, so in cases like that the $1100 would come due but you would get a refund for the new bond that is discounted. I'm just confused how these things would be registered in Beancount. >From the treasury direct website... A refund payment from a Treasury bill is the difference between the face value and the price paid when purchased at original issue. Treasury bills are sold at a discount or at par (face value). When the bill matures, the buyer is paid its face value. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to beancount+unsubscr...@googlegroups.com. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/a74715d8-96ec-41fa-8ee2-9312fe917ed6n%40googlegroups.com.
