Tenors: 91, 182, 364 days
Understand why the yield curve: longer maturity = higher yield (typically).
In this lesson
Tenors: 91, 182, 364 days is part of Treasury Bills Lab. This preview shows how investment-universe connects to everyday family decisions such as earning, saving, spending choices, goals, approvals, or parent-guided money conversations inside Progress Penguin.
Think about this money choice
Imagine this situation: 91-day T-bill rate: 17%. 182-day: 18.5%. 364-day: 20%. You have 200000 in local currency you will not need for 1 year.
How it works
The yield curve: longer maturity = higher yield (typically). Two compensation factors: (1) liquidity premium — money is locked up longer, (2) interest rate risk — if market rates rise, a locked-in lower rate is less valuable. Both justify the longer-tenor premium.
Apply it to a real decision
Real-life money moment: 91-day T-bill rate: 17%. 182-day: 18.5%. 364-day: 20%. You have 200000 in local currency you will not need for 1 year. Which maximises your return? The key lesson is: 364-day at 20%: 200,000×20%=40,000.
Activity preview
Apply the idea
Use the lesson to complete this short practice activity.
Try one real money action
Open Tasks and submit proof for one task, or open Requests and make a deposit request. Parent approval can happen later.
Quiz preview
T-bills come in tenors of:
91-day T-bill rate: 17%. 182-day: 18.5%. 364-day: 20%. You have 200000 in local currency you will not need for 1 year. Which maximises your return?