What is a treasury bill? how risky is it?, Financial Management

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What is a Treasury bill? How risky is it?

Treasury bills are the short-term debt instruments issued by the U.S. Treasury that are sell at a discounted and pay face value at maturity.  They are extremely nearly risk-free as they are backed by the U.S. Government which could, if require by, print money to recompense their holders at maturity.

 


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