Treasury bill
Revision as of 08:29, 4 November 2019 by Gary (talk | contribs) (Created page with "A Treasury bill (officially known as United States Treasury bill; alternatively known as US Treasury bill, and, more commonly, T-bill) is a short-term U.S. gov...")
A Treasury bill (officially known as United States Treasury bill; alternatively known as US Treasury bill, and, more commonly, T-bill) is a short-term U.S. government debt obligation backed by the Treasury Department with a maturity of one year or less. Treasury bills are usually sold in denominations of $1,000. However, some can reach a maximum denomination of $5 million in non-competitive bids. These securities are widely regarded as low-risk and secure investments.
