Hello all. I just purchased 3x 28 Day US Treasury Bills and was wondering what was the best way to account for this in MS Money Deluxe Sunset Edition.
Here's what i've done so far:
1. Create a new Investment account called Treasury Direct
2. Today (the date of the sale), I transferred $299.58 (the amount of the sale) to the Treasury Direct (cash).
3. I purchased 3x of a new Investment called (Treasury Bill - 28 Day). I selected Investment Type=Bond, Bond Subtype=Treasury Bill (so far so good).
4. For the price, I had to make it $9985.8833 instead of $99.858833 as reported in my account online
5. Accrued Interest=0, Commission=0
Now, how does this work when the T-bill matures in 28 days? Assuming I dont roll it over.
Many thanks!