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Investing > T-Bill (Treasury Bill)
The following information is about T-Bill (Treasury Bill).
T-Bill (Treasury Bill) Defined
A short-term debt obligation of the US Government that is purchased at a discount from face value--that is, they are bought at a discounted price and mature at face value. The amount of the discount is considered the interest. They are sold in denominations of $10,000 to $1 million and have maturities of either 13 weeks, 26 weeks or 52 weeks. T-bills are a common abbreviation for "Treasury bills".
See Also: Denomination; Discount; Face Value; Maturity Date; Short Term Debt; Treasuries; U.S. Government Securities
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