US Treasury bill


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Related to US Treasury bill: US Treasury note

US Treasury bill

US government debt with a maturity of less than a year.

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 ?
Having pegged these bonds to US Treasury bills, purchasers receive a US Treasury zero-coupon bond which matures in the year 2020.
375 percent over the comparable US Treasury Bills, which will mature on May 15, 2013.
The onset of the credit crunch in the second half of 2007 triggered increased GCC demand for US Treasury bills and, more surprisingly, US corporate securities," Howard Handy, chief economist at Samba, said.
25% above the rate of return on three-month US Treasury Bills, net of annual fund operating expenses, over a rolling five-year time horizon.
914m in cash and cash equivalents and US Treasury Bills and virtually no debt.
The securities were sold as low-risk substitutes for US Treasury bills.
In addition to the US Treasury Bills, the Company's trust account has a cash balance of $218,921, which is deposited in a US Treasury money market fund.
4 percent on instruments such as US Treasury bills, Mr Kaberuka was confident that investors and sovereign wealth funds would be looking for more appealing investments such as infrastructure in Africa, provided security and good returns are assured.
Speaking at a news conference along with Egypt's prime minister and investment minister, Okdah said that the central bank had its foreign currency reserves primarily invested in sovereign debt instruments, such as US Treasury bills.
The agreement will allow Xignite to deliver Tullett Prebon Information's TreasuryMarker[R] data covering US Treasury bills, notes and bonds as part of the XigniteMoneyMarkets web service - an on-demand solution allowing firms to integrate global treasury and swap information with their applications in just three lines of code.
Products now traded on BrokerTec's US and European platforms include: US Treasury Bills, Notes, Bonds, Strips, Agency Benchmark and Euro Sovereign Debt, U.
They will have access to a system that includes the execution of trades in US Treasury bills, notes and bonds together with bond and treasury yield curve swaps.