| tr_bill_rates {treasury} | R Documentation |
Daily treasury bill rates
Description
These rates are the daily secondary market quotations on the most recently auctioned Treasury Bills for each maturity tranche (4-week, 8-week, 13-week, 17-week, 26-week, and 52-week) for which Treasury currently issues new bills.
Usage
tr_bill_rates(date = NULL)
Arguments
date |
|
Details
Market quotations are obtained at approximately 3:30 PM each business day by the Federal Reserve Bank of New York. The Bank Discount rate is the rate at which a bill is quoted in the secondary market and is based on the par value, amount of the discount and a 360-day year. The Coupon Equivalent, also called the Bond Equivalent, or the Investment Yield, is the bill's yield based on the purchase price, discount, and a 365- or 366-day year. The Coupon Equivalent can be used to compare the yield on a discount bill to the yield on a nominal coupon security that pays semiannual interest with the same maturity date.
Value
A data.frame() containing the rates or NULL when no entries were found.
Source
https://home.treasury.gov/treasury-daily-interest-rate-xml-feed
See Also
Other interest rate:
tr_long_term_rate(),
tr_real_long_term(),
tr_real_yield_curve(),
tr_yield_curve()
Examples
# get data for a single month
tr_bill_rates("202201")
# or for the entire year
tr_bill_rates(2022)