Www.finrafoundation.org
Interest payments rise and fall based on discount rates in auctions of 13-week Treasury bills. FRNs are offered in TreasuryDirect and through banks and brokers. Once you purchase an FRN, you can hold it until it matures or sell it before it matures. The minimum purchase for a FRN is $100 and the minimum term of ownership is 45 days. The maximum purchase in a single auction is $5 million for ... ................
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