Monday, August 21, 2006

2006 4-Week T-Bill Rates

Last week's 4-Week T-Bill auction set the latest rate at 5.166%, a slight dip from previous two auctions, but still higher than the rate at EmigrantDirect which pays 5.15% for savings account. So far, we have enjoyed an upward swing of the 4-Week T-Bill rates, up from 4.00% at the beginning of the year to the most recent 5.166%. However, with the Fed interest rate holds steady, I guess the rates of the 4-Week T-Bill may soon be stable.

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