Skip to main content

What is a T-Bill?

Treasury Bills are what the US government uses to borrow money. A T-Bill has always been seen as one of the safest forms of investment because it offers a guaranteed return - barring the complete collapse of the world financial system!

WiseGeek  explains how it works:

The smallest face value for a T-Bill is $1,000 US Dollars (USD). The T-Bill is sold at a discount, which is determined by the Bureau of Public Debt, but the Treasury pays the full face value when it is redeemed. For example, an investor might purchase a 90-day T-Bill for $900 USD, and earn a $100 USD return on the investment when the T-Bill is redeemed. Unlike many other securities, a T-Bill does not bear interest, but the return on a T-Bill is highly predictable and very stable.

 T-Bonds have come to the fore recently as the US Treasury struggles to manage the financial crisis - see here



Comments

Popular posts from this blog

Top 10 most quoted lines of poetry in English?

Mark Forsyth (The Inky Fool) has analysed Google Search query result data for lines of verse requested online. Here is the Top Ten:

Why is English not the official language of England?

58 countries list English as an official language - but not the UK. The world's lingua franca or second language is not, technically, the 'official' language of its birthplace. The de factoofficiallanguage of the United Kingdom is English,[3][4] which is spoken by approximately 59.8 million residents, or 98% of the population, over the age of three.[1][2][10][11][12] An estimated 700,000 people speak Welsh in the UK,[13] an official language in Wales

Which countries do not have an official language?

According Henry Hitchings Language Wars (2011) these nations do not currently have an official primary language: UK see hereUSAthough 20 states now have an official language — see hereAustralia 80% speak English but not officialPakistan Urdu became official language in 2015 but  only spoken by 8% of population.EthiopiaAmharic is official language but most spoken is OromoSomaliaEritrea Costa Rica Why these countries?Read extended transcript on Medium 

About the English Language - Teaching Packonly £2.99