Treasury Notes and Bonds Treasury Bills - Faculty Directory
Treasury Bills are issued by the US Treasury, with 3 months, 6 months and 1 year to maturity – 3 and 6 month Bills usually auctioned weekly. – 1 year Bills usually auctioned monthly. Treasury Bills are “zero coupon” bonds. – You pay for them today, and receive the face value, usually $10,000, at maturity. – Bond prices are quoted ... ................
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