91 day t-bill

i invested in 91 day t-bill and it's allocated to me , is it sell automatically when 91 days is completed ????
OR i need to sell it by myself ???
and how much of % i get when 91 days completed ??
while purchasing it's showing 6.77 %

so if i invest 20k so should i get 1300 something in 91 days ????
or 1300/4 ?????
 

zacobite

KF Mentor
i invested in 91 day t-bill and it's allocated to me , is it sell automatically when 91 days is completed ????
OR i need to sell it by myself ???
and how much of % i get when 91 days completed ??
while purchasing it's showing 6.77 %

so if i invest 20k so should i get 1300 something in 91 days ????
or 1300/4 ?????
will close automatically..Approx ~ 337 rs u will get for 20k @ 6.77% for 91 days

(20000x.0677) / 365 will be per day x 91 days
 
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