Treasury bill

Short-term federal debt

A Treasury bill is a short-term debt security issued by the U.S. government, maturing in one year or less.

Investors buy T-bills at a discount and receive face value at maturity—the difference is their return.

Considered among the safest investments because they're backed by the federal government: She parked her savings in Treasury bills while deciding what to do with it.

Related

liquidity · discount rate · interest rate · money market fund · promissory note · sovereign debt · debt ceiling · zero-coupon · certificate of deposit · insured deposits · bond · government-backed loans · secondary market · savings account · war bond · mutual fund · risk-free · short-term

Categories
Opposites
maturity length

Treasury billTreasury note

Government-issued debt certificate

long-term debt

risk profile

Treasury billjunk bond

Low-rated corporate debt

penny stock · cryptocurrency · meme stock · subprime mortgage · venture capital

issuer type

Treasury billcorporate bond

Company-issued debt security

corporate debt · municipal bond · junk bond

Family

treasury, bill, treasure, treasured, treasuring, treasures, treasurer, bills, billed

Familiarity
Top 500,000
Profile
Mostly American · Timeless · Rated G