1. Home
  2. Knowledge Base
  3. Tutorials
  4. How to Track T-Bills in StocksCafe?

How to Track T-Bills in StocksCafe?

All you need to do is create a Buy transaction when your bid is successful and create a Sell transaction when you sell it or it reaches maturity

Note: At the moment, only the desktop version supports the entering of T-Bills transactions.

How to fill in the Buy transaction fields?

StockCode: Please enter the Issue Code with prefix SBILL. e.g. SBILL:BS22118H for the 6-months T-Bill with issue date “20 Sep 2022”.
Note: You must prefix with SBILL and also use the 8 digit alphanumeric issue code.

Date: Please enter the issue date.

Number of Shares: Each bill is worth $100. So if you bought $1000, you should enter 10 here.

Price per Share: Enter the cut-off price. e.g. For issue code BS22118H, it is 98.345.

After the purchase, StocksCafe will simply assume that the market price of it to be $100. I understand that there is a secondary market for you to sell it but it is not easy to get this data and also in theory, it should be a gradual appreciation from the discounted price (e.g. $98.345) to $100 over the tenure period (e.g. 6 months).

To keep things simple, the simplistic assumption of the market price being $100 will be made.

How to fill in the Sell transaction fields?

Everything is the same as in the Buy transaction except:

Date: Either the date you sold it on the secondary market or the maturity date.

Price per Share: The price you sold it for on the secondary market or 100 if you left it till maturity.

Updated on 20 September 2022

Was this article helpful?

Related Articles

Need Support?
Searched through StocksCafe Academy and can't find what you're looking for? We're here to help!