Treasury Bills (T-Bills) | Meaning, Characteristics, Issuance, Uses
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financestrategists.com
Treasury Bills (T-Bills) | Meaning, Characteristics, Issuance, Uses
US Treasury Bills, commonly known as T Bills, are certificates of debt issued by the United States government that have a maturity date of one year or less. Because the lifespan of a T Bill is so short, they do not incur regular interest payments. Instead, the government sells Treasury Bills at a discount from their face value and pays the full ...
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