The Juno platform will display the Yield to Maturity for T-bills invested through your Juno Treasury Account. Yield to Maturity is the rate of return on your T-bill investment, assuming you hold the position until maturity. It takes into account the price you paid and the holding period of your investment, and it shows the rate of return as an annualized rate.
When comparing yields, it’s important to note that there are different methods for calculating yield. Jiko uses a compound annual growth rate (CAGR) formula with the actual day count (365 days, 366 in leap years).
Unless otherwise stated, the Yield to Maturity calculated does not incorporate account fees. Any fees assessed by Juno will reduce your realised yield.
If you have any questions, the team is always here for you, so feel free to contact our support team.