- 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
which one of the following statements best characterizes u.s. treasury bills?
U.S. Government Treasury Bills
Custodied at BNY Mellon Pershing. Member of SIPC.
T-Bills
which one of the following statements best characterizes u.s. treasury bills?
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*.