Treasury bills

Cultural  

1. Securities issued by the U.S. government. T-bills normally have fixed terms; that is, the purchaser cannot take possession of the accrued interest for a fixed period of time after purchase. T-bills are auctioned by the Treasury each week; the auction determines the six-month interest rate.

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Example Sentences

Treasury should make a trade — the Fed would send its $2 trillion portfolio of mortgage-backed securities to the Treasury, in return for an equal value in Treasury bills.

From MarketWatch

The central bank started purchasing short-term U.S. debt or Treasury bills last month, and its balance sheet is noticeably expanding for the first time since 2022, outside the run-up seen in 2023 to rescue banks.

From Barron's

The central bank started purchasing short-term U.S. debt or Treasury bills last month, and its balance sheet is noticeably expanding for the first time since 2022, outside the run-up seen in 2023 to rescue banks.

From Barron's

It refers to the rate charged on overnight money, and it feeds through to things like the three-month yield on Treasury bills.

From MarketWatch

It will also tend to keep prices of Treasury bills elevated, meaning yields will be lower.

From Barron's