TERMIUM Plus®

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T-BILL PRICE INDEX [1 record]

Record 1 1991-11-14

English

Subject field(s)
  • Investment
  • Stock Exchange
CONT

The value of T-bill options (ticker symbol: TBA) is based on the ME T-bill price index. The index is equal to 100 minus the annualized yield of 91-day Government of Canada T-bills. For example if T-bills are yielding 8.75%, the index price is equal to 91.25 (100 - 8.75).

OBS

The term "T-bill index" was found in a Montreal Exchange leaflet entitled "Canadian Treasury Bill Options".

French

Domaine(s)
  • Investissements et placements
  • Bourse
CONT

La valeur des options sur bons du Trésor est obtenue à partir de l'indice des bons du Trésor. Ce dernier est égal à 100 moins le rendement annualisé des bons du Trésor canadien de 91 jours. Par exemple, le niveau de l'indice correspondant à un rendement de 8,75% des bons est: 100 - 8,75 = 91,25.

Spanish

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