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Why T-bills are issued?

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Anonymous

11y ago
Updated: 8/16/2019

T-Bills or Treasury Bills are issued when the government needs to borrow money for a large project. The T-Bills are sold for a price less than par and when they mature in about a year, the owner of the T-Bill can cash it in for more money than they paid but not more than par.

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Wiki User

11y ago

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