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Old 11-11-2004, 03:23 AM
Dick Watson
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Default Re: T-bills and investments

See http://umpmfaq.info/faqdb.php?q=98.

"rgoebel" <rgoebel[at]discussions.microsoft.com> wrote in message
news:20539008-B1A3-41D7-90DC-F77F7022D637[at]microsoft.com...
- quote -

> I am stuck trying to post purchases & sales of T-bills. The number just
> don't seem to work out right when I look at the transactions, and I cannot
> figure out how to get the interest and renewals to post.
> My problem is when I "buy" a t-bill for 990 ($1000 discounted), it values
> the T-bill at 9.90. That does not seem right to me, there must be
> something
> wrong.
> The investment is set up as a treasury account (not on-line), and I'm just
> trying to post my purchases.
> Can someone help me to figure out how to post these discounted bonds or
> tell
> me where I can find help on the subject. There is nothing in Money Help
> that
> I can find on T-Bills.
> Thanks for your help.
> :



  #-1  
Old 11-11-2004, 02:48 AM
rgoebel
Guest
 
Posts: n/a
Default T-bills and investments

I am stuck trying to post purchases & sales of T-bills. The number just
don't seem to work out right when I look at the transactions, and I cannot
figure out how to get the interest and renewals to post.

My problem is when I "buy" a t-bill for 990 ($1000 discounted), it values
the T-bill at 9.90. That does not seem right to me, there must be something
wrong.

The investment is set up as a treasury account (not on-line), and I'm just
trying to post my purchases.

Can someone help me to figure out how to post these discounted bonds or tell
me where I can find help on the subject. There is nothing in Money Help that
I can find on T-Bills.

Thanks for your help.
:
 

Tags
investments, tbills
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