What is the meaning of Treasury bills (T-bills)?

Treasury bills (T-bills) is a short-term government security, sold through the Federal Reserve Bank by competitive bidding at weekly and monthly auctions, in denominations from $10, 000 to $1 million. T-bills are the most widely used of all government debt securities and are a primary instrument of Federal Reserve monetary policy. Treasury bills are backed by the full faith and credit of the U. S. Government.

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APABarry Goldsmith. (2010). Treasury bills (T-bills). Retrieved September 25, 2026, from http://smartdefine.org/treasury_bills_(t-bills)/definitions/1165566
ChicagoBarry Goldsmith. 2010. "Treasury bills (T-bills)" http://smartdefine.org/treasury_bills_(t-bills)/definitions/1165566 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, Treasury bills (T-bills), Smart Define, viewed 25 September, 2026, <http://smartdefine.org/treasury_bills_(t-bills)/definitions/1165566>.
MLABarry Goldsmith. "Treasury bills (T-bills)" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/treasury_bills_(t-bills)/definitions/1165566>