182-day T-bill auction average discount rate
182-day T-bill auction average discount rate
The 182-day T-bill auction average discount rate is the average yield on Treasury bills that mature in 182 days, based on sales made at weekly competitive auctions. Investors purchase the T-bills at a discount, meaning the purchase price is less than the note's face value. A steeper discount means a higher yield. The 182-day T-bill auction average discount rate is used as a base rate, or benchmark, for adjustable-rate mortgages.
5.85
6.08
