The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.

UK 3 month & 6 Month Zero coupon Treasury bills - closes with HL 28 November

Received email from HL  yesterday of two new Treasury  T bills maturing March and June next year.
Expecting when the discounted price is struck, the yield to maturity of the 3 month bond may be in the region of 4.4 to 4.5% so invested in that expectation.

For those seeking safe short duration fixed returns for their ISAs/Sipps these issues might appeal. As usual, no dealing costs on new issues. 

If being considered for a GIA account, remember the gain at maturity is not tax free and liable to income tax ( deeply discounted securities rules ).

If you are with HL tomorrow is the closing date.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 242.9K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.