Question

what is treasury bill?​

Answer 1

Answer:

Treasury Bill (T-Bill) is a short-term U.S. government debt obligation backed by the Treasury Department with a maturity of one year or less. Treasury bills are usually sold in denominations of $1,000. However, some can reach a maximum denomination of $5 million in non-competitive bids

Explanation:

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Answer 2

• Treasury bill is a short term money market instrument issued by the central bank on behalf of the govt.. to curb temporarily liquity shortfalls..
• It is also known as T—Bills...

Explanation:

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