Treasury bills (T-bills) are short-term government securities that are issued at a price lower than their face value. The difference between the purchase price and the face value represents the investor's return. At maturity, the holder receives the full face... Read More
Treasury bills (T-bills) are short-term government securities that are issued at a price lower than their face value. The difference between the purchase price and the face value represents the investor's return. At maturity, the holder receives the full face value, making T-bills a discount instrument commonly used for risk-free investment.
Discussion
Leave a Comment