What are T-Bills and how does it work assuming you have a million bucks?

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  • fcas80
    Lv 7
    1 month ago
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    A 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.  

    https://www.investopedia.com/terms/t/treasurybill....

    If you have a million dollars you should invest in something with a higher interest rate.  But T-Bills are quite safe.

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