Treasury Bill - A government security usually with a life of 3 months but also up to one year maturity. Such bills are issued by the government at a discount and redeemable at par with no interest payable. They provide a principle way of financing borrowing. Other methods of government borrowing include the issuing of gilt edged stocks (gilts) usually fixed interest, with a variety of redemption dates.
Treasury Bill : a government security usually with a life of 3 months but also up to one year maturity. such bills are issued by the government at a discount and redeemable at par with no interest payable. they provide a principle way of financing borrowing. other methods of government borrowing include the issuing of gilt edged stocks (gilts) usually fixed interest, with a variety of redemption dates.
Treasury Bill