- 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
U.S. Government Treasury Bills
Custodied at BNY Mellon Pershing. Member of SIPC.
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*.