EXPLAINER: Here are 10 facts you should know about Treasury Bills
EXPLAINER: Here are 10 facts you should know about Treasury Bills
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U.S. Treasury bills (T-bills) are short-term government securities with maturities ranging from a few days to one year. When you buy a T-bill, you are essentially lending money to the federal government, which, in turn, pays you interest. Unlike other types of bonds, T-bills are sold at a discount to their face value, and the difference between the purchase price and the face value is your interest income. BENEFITS: ➡️Safety: T-bills are backed by the full faith and credit of the U.S. government
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