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Emoguy

[02] QUARANTINED
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Posts posted by Emoguy

  1. kita is the prevailing rate of the t-bond depending on your placement (e.g. 31 days - 4%, etc.)

    tax is i think the same at 20% of the interest.

     

    e.g. 5000 at 31 days at 4% = 200. 200 less 20% = 160.

    your total income = 160 pesos, so that your money grew to 5160 for 31 days.

     

    i am not sure lang how much are the rates of the t-bills today.

     

    my friend, t-bills are gs with a tenor of less than 1 year (it is purchased at a discount) while fxtn are gs with tenors 2years to 10years while t-bonds are gs with tenor longer than 10years (purchase usually at face amount thru auctions or premium or discount) if purchase in the secondary market.

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