I have been discussing this particular strategy here: Short Term Bond Ladder - South Gent | Seeking Alpha
I have decided to increase the size again.
Today, I participated in the 6 month treasury bill auction:
Auction Results.pdf (.59%)
The interest is the difference between the auction price and par value.
In a Roth IRA account, I also bought account the Anheuser Busch 1.25% senior unsecured bond maturing on 1/17/18:
I later added one more in my IB account where the commission is $1 per bond.
I now own four of those bonds.
FIRNA PAGE: Bonds Detail
I now anticipate that the short term bond/CD ladder will top out near $200K.