Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (61) |
Author: mungofitch ✹🐝🐝🐝🐝🐝 BRONZE
SHREWD   😊 😞
Number: of 12641 
Subject: Re: OT: T-bills
Date: 02/20/2025 10:40 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
I'm curious about your choice to use T-Bills over simply earning interest on cash balance at IBRK. Looks like T-Bills earn about 0.5% more

No, you've probably read that backwards. T-bills pay about 0.5% more than deposit interest. (specifically, IB pays 0.5% less than the policy rate)

Interest at IB on USD cash balances (for Pro accounts like mine) is 3.830% at the moment.
My April T-bills have a remaining yield of about 4.30%.

I'm thinking of buying some Bank of England bills in pounds sterling. However I can't for the life of me find out the appropriate ticker at IB for short term (couponless) notes. (neither can the support person I called). Maybe IB doesn't trade them, or I've been misinformed about their existence.

Jim
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (61) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds