91-DAY 09-06-2007 12-06-2007 4.350 4.472 98.900417 912795B59 APY = 4.548%

182-DAY 09-06-2007 03-06-2008 4.380 4.554 97.785667 912795D24 APY = 4.606%

It appears both ThursdaysChild and I made an error on the 28 day bills.
I put the wrong number in the formula and he made a typo in his post.
I had 4.424% and TC had 4.555, but I think we now agree APY = 4.455% is correct.

Give me lots of red, I deserve it !
I fixed Quick Summary and tbillsheet.com

DavidScubadiver said:Just out of curiosity, since most people investing in treasuries are interested in iron-clad safety, does anybody have qualms about having significant assets at Treasury Direct? I realize the likelihood of a "hack" is very slim, but still ... it seems to me that the risk of losing one's account to a hacker ought not to be a risk taken by the account-holder. I suppose it would be very difficult indeed for someone to "empty" our accounts since its a PITA to add a bank account (now requiring a signature guarantee). Still, I would be hesitant to put a substantial amount of money in the TD system because I'd hate to be denuded of my assets because of a clever fraudster.

In general, I prefer paper certificates when available (savings bonds) since, ironically, they are replaced when lost or stolen. But to TD's credit, they have taken a lot of steps towards increased security over the last year or so. I still have not heard of a case where someone lost money through fraud on TD (except one case where a son stole his mom's assets), which makes me feel better about continuing to use TD!

mariojm said:DavidScubadiver said:Just out of curiosity, since most people investing in treasuries are interested in iron-clad safety, does anybody have qualms about having significant assets at Treasury Direct? I realize the likelihood of a "hack" is very slim, but still ... it seems to me that the risk of losing one's account to a hacker ought not to be a risk taken by the account-holder. I suppose it would be very difficult indeed for someone to "empty" our accounts since its a PITA to add a bank account (now requiring a signature guarantee). Still, I would be hesitant to put a substantial amount of money in the TD system because I'd hate to be denuded of my assets because of a clever fraudster.

In general, I prefer paper certificates when available (savings bonds) since, ironically, they are replaced when lost or stolen. But to TD's credit, they have taken a lot of steps towards increased security over the last year or so. I still have not heard of a case where someone lost money through fraud on TD (except one case where a son stole his mom's assets), which makes me feel better about continuing to use TD!No doubt, their systems have improved vastly over time and now it'd be harder than ever for anybody to do damage. What irks me is the possibility that the website could be easily hacked and passwords/bank information obtained and altered. I have NO REASON WHATSOEVER for thinking that is the case, but it is at least a possibility and if its THERE fault someone gets my password in the first place, its just wrong that I'm held responsible. In other words, they don't seem to have anything at risk other than jobs and reputation, to protect me from their negligence. Generally businesses are responsible for their own negligence and that puts the "cost" of their negligence on them rather than the victim.

91-DAY 9/13/2007 12/13/2007 3.8 3.901 99.039444 912795B67 APY= 3.958
182-DAY 9/13/2007 3/13/2008 4.02 4.172 97.967667 912795D32 APY= 4.216

TheWalL said:ThursdaysChild said:For those who want to try forecasting the T Bill rates as well as the post-September FOMC meeting fed funds rate, here are a few points of interest:

Official Fed Funds Rate Predictions (Cleveland Fed)

Looking at the charts, its seems to be leaning toward a 125 basis point cut in the Fed Funds rate. Is that really going to happen??

125 bp by the end of the year seems pretty doubtful to me. I'd guess they'll drop the Funds rate .25 this month.

28-DAY 9/13/2007 10/11/2007 4 4.079 99.688889 912795A50 APY= 4.157

I got my TD Access Card today. Pretty low-tech. Kinda looks like something you'd create when you were 10 to pass secret messages. I was expecting something electronic (like those RSA keys).

Nobody cares but here it is:
28-DAY 9/20/2007 10/18/2007 3.93 4.008 99.694333 912795A68 APY= 4.083

What's amazing to me is for the 28-Day bill, there was about $360mil in non-competitive bids vs. about $400mil a few months ago. Do people just not care about the rate? Is anyone here buying at these rates?