T-bill
(FINANCE) a bond issued by the US Department of the Treasury. Unlike longer-term bonds, with regular scheduled interest payments, a T-bill is purely discounted. In other words, the lender--the person buying the bond--pays a price lower than the face value of the bond. When the bond matures (after, say, 91 days), then the buyer is paid the face value.
The yield on the T-bill is usually very low; for example, yesterday 13-week T-bill rates were 4.01%. Their price is set at auction.
The yield on the T-bill is usually very low; for example, yesterday 13-week T-bill rates were 4.01%. Their price is set at auction.
People usually suppose that the Federal Reserve System sets interest rates, but this only applies to the federal funds rate. The rates on other treasury securities, like T-bills, are set by auction.
Words you can keep
railfan
mug
chonk
mug
based
mug
larp
mug
unc
mug
baddie
mug
bop
mug
himbo
mug
weeb
mug
normie
mug
stoner
mug
drip
mug
jorts
mug
iykyk
mug
pookie
mug
goober
mug
tomboy
mug
feen
mug
goated
mug
based
tee
baddie
tee
bop
tee
larp
tee
unc
tee
himbo
tee
weeb
tee
normie
tee
stoner
tee
drip
tee
jorts
tee
iykyk
tee
pookie
tee
goober
tee
tomboy
tee
feen
tee
goated
tee
based
hoodie
baddie
hoodie
bop
hoodie
larp
hoodie
unc
hoodie
himbo
hoodie
weeb
hoodie
normie
hoodie
stoner
hoodie
drip
hoodie
jorts
hoodie
iykyk
hoodie
pookie
hoodie
goober
hoodie
tomboy
hoodie
feen
hoodie
goated
hoodie
based
beanie
unc
beanie
himbo
beanie
weeb
beanie
normie
beanie
stoner
beanie
drip
beanie
jorts
beanie
iykyk
beanie
pookie
beanie
goober
beanie
tomboy
beanie
feen
beanie
goated
beanie