What are Treasury bills?
Treasury bills (or T-bills) are short-term securities that mature in one year or less from their issue date. You buy T-bills for a price less than their par (face) value, and when they mature we pay you their par value. Your interest is the difference between the purchase price of the security and what we pay you at maturity (or what you get if you sell the bill before it matures).
For example, if you bought a $10,000 26-week Treasury bill for $9,750 and held it until maturity, your interest would be $250.
Why should I buy a Treasury security?
Treasury securities are a safe and secure investment option because the full faith and credit of the United States
government guarantees that interest and principal payments will be paid on time. Also, most Treasury securities are
liquid, which means they can easily be sold for cash.
What types of securities do you sell to individual investors?
We sell Treasury bills, notes, bonds*, and U.S. savings bonds to individual investors.
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