Individual - Treasury Bonds: Rates & Terms
https://www.treasurydirect.gov/indiv/research/indepth/tbonds/res_tbond_rates.htm
The price and interest rate of a bond are determined at auction. The price may be greater than, less than, or equal to the bond's par amount (or face value). (See rates in recent auctions.) The price of a fixed rate security depends on its yield to maturity and the interest rate. If the yield to maturity (YTM) is greater than the interest rate, the...
The price and interest rate of a bond are determined at auction. The price may be greater than, less than, or equal to the bond's par amount (or face value). (See rates in recent auctions.) The price of a fixed rate security depends on its yield to maturity and the interest rate. If the yield to maturity (YTM) is greater than the interest rate, the...
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