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What is the t bill rates used for?
T Bills, also known as Treasury Bills are short term securities maturing in one year or less. You can find out more information about T Bills at http://www.treasurydirect.gov/instit/marketables/tbills/tbills.htm
What is a bank's cheapest source of funds?
There are two main categories of sources that generate funds for a commercia bank: 1.Non Deposit Sources of Funds These include: Service fees, Cash handling charges, Panelties and Interests etc. 2.Deposit Sources of Funds These include: Current accounts, Saving accounts and Term deposits etc. (By: Nadeem - Citibank 03004351154)
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