Treasury bills


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Related to Treasury bills: commercial paper, certificate of deposit, Treasury bonds

Treasury bills

Debt obligations of the US Treasury that have maturities of one year or less. Maturities for T-bills are usually 91 days, 182 days, or 52 weeks. Treasury bills are sold at a discount from face value and do not pay interest before maturity. The interest is the difference between the purchase price of the bill and the amount that is paid to you either at maturity (this amount is the face value) or when you sell the bill prior to maturity.

Treasury Bill

A debt security backed by the full faith and credit of the United States government with a maturity of one year or less. Very commonly, T bills have a maturity of a few weeks to a few months. They are purchased at a discount and then redeemed for par; T bills do not pay interest. For example, an investor may purchase a $5,000 bill for $4,500. While he/she will not earn any coupon payments, he/she will receive $5,000 in no more than a year. They are low-risk, low-return investments. Private investors may purchase T bills in small quantities, but the bulk of the T bill market comes from institutional investors, especially banks. See also: Treasury note, Treasury bond.
References in periodicals archive ?
NBE, AAIB, CIB, Banque Misr, and Credit Agricole were the top banks in dealing with treasury bills and bonds.
Issued for a term of one year or less, Treasury Bills do not bear a stated interest rate," Walker continued.
The interest rate on the Repo operations with CBO is 1% for the period from 18/11/2015 to 24/11/2015, while the discount rate on the Treasury Bills Discounting Facility with CBO is 1.
Ministry of Finance issues treasury bills and bonds worth EGP 135 billion
Treasury Bills are considered as risk free prescribed assets for purchase by banks, pension funds and the insurance industry in general.
4bn worth of treasury bills as part of the country's borrowing programme.
a subsidiary of Bridge Information Systems (BRIDGE(R)), has been selected by the Canadian-based Investment Dealers Association (IDA) Primary Dealer Money Market Committee to be the official collector, calculator, and distributor of the 10:00am Canadian Bid Rates of Banker's Acceptances (BA) and Treasury Bills (T-Bill).
Muscat, Nov 9 (ONA) A tender of Government Treasury Bills, issue number 432, was held at the Central Bank of Oman (CBO) this week.
123bn worth of treasury bills and bonds during the second quarter of the 2012/2013 fiscal year
The Central Bank of Bahrain (CBB) announces that this quarter's BHD 100 million issues of Government Treasury Bills has been oversubscribed by 236 per cent
The Finance Ministry of Egypt announced that the Central Bank of Egypt will be issuing treasury bills and bonds worth a total of EGP 52 billion in the month of September.
Real-time prices are available for active and off-the-run Treasury Bills, Notes, Bonds, Basis, Money Markets, Zero Coupons and Government Agency securities.