- Securities issued by the U.S. Department of Treasury
- Backed by the “full faith and credit” of the U.S. Government
- Treasury Bills fail if the U.S. Government defaults
purchase of treasury bills, sale of preferred stock,gain on sale of land,proceeds on sale land
U.S. Government Treasury Bills
Custodied at BNY Mellon Pershing. Member of SIPC.
T-Bills
purchase of treasury bills, sale of preferred stock,gain on sale of land,proceeds on sale land
T-Bills
Why did no one buy Treasury Bills before?
In 2020, the interest rate on a 1 year treasury bill was 0.10%*.
On $10 million, you earned $10,000.
Today, the same t-bill pays you up to 46x (or 4.6%*)!
That is a potential $460,000 to extend your runway or hire more engineers*.