Treasury bills

Debt obligations of the U.S. Treasury that have maturities of one year or less. Maturities for T-bills are usually 91 days, 182 days, or 52 weeks. The New York Times Financial Glossary
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Short-term obligations issued by the U.S. Treasury. Bills are issued for maturities of one year or less. They do not pay interest but are issued on a discount basis instead. American Banker Glossary
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debt obligations of the US Treasury that have maturities ( maturity) 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. Bloomberg Financial Dictionary
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Also known as T-bills. When issued by the UK government the usually have a maturity of 91 days. They pay no interest and hence are issued at a discount to nominal value. The minimum nominal value of UK T-bills is £5,000. They are usually denominated in sterling but may also be denominated in ECUs. They are also issued by governments in other countries, such as the US government in the USA. Dresdner Kleinwort Wasserstein financial glossary
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Short-term obligations of a government issued for periods of one year or less. Treasury bills do not carry a rate of interest and are issued at a discount on the par value. Treasury bills are repaid at par on the due date. Exchange Handbook Glossary

Financial and business terms. 2012.

Look at other dictionaries:

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