treasury bill

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treasury bill

n. a promissory note issued in multiples of $10,000 by the U. S. Treasury with a maturity date of not more than one year. (See: treasury bond, treasury note)

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References in periodicals archive ?
Source T-ETCs are secured by US Treasury Bills and cash and are designed to track the S&P GSCI family of commodity indices which include broad, sector and individual commodity indices such as cotton, crude oil or sugar.
When Lehman Brothers collapsed every asset except US Treasury bills and gold appeared to carry too much risk
Chinese investments increasingly took the form of official purchases of US Treasury bills. These investments did not create new resources to provide the means of repayment.
For decades people believed that buying US treasury bills or bonds meant money in the bag, so to speak.
Foreign investors have been pulling out money from India -- besides other emerging markets -- in June, to safer havens such as US Treasury bills. The rupee has fallen 11.5 percent in 2013, making it the worst performing currency in major Asian economies.
China, however, welcomed the US fiscal deal as it will help boost its exports and help it reduce inflationary pressures on Beijing given the Chinese holding in US treasury bills and other investments that will be relatively secure now.
As of 30 September 2010, the company recorded USD17.914m in cash and cash equivalents and US Treasury Bills and virtually no debt.
The result is that China and other East Asian countries own a large and growing stock of US Treasury bills. Through financial intermediation, these government securities helped finance the western consumption and speculative boom that collapsed in 2008.
And it was the Chinese who were there to buy up all the US Treasury bills that country needed to fund its extravagant lifestyle.
The issue, which will mature on June 26, 2013, has a coupon of 1.500 percent and spread of 27 basis points or 1.375 percent over the comparable US Treasury Bills, which will mature on May 15, 2013.