With the extra funds they may have they choose a very safe investment that will atleast give them some return on their reserve.
You can purchase treasury bills directly from the U.S. Treasury. You can purchase them from the US Treasury's website or from your bank.
injured teasury ducks
Commercial paper is the most prevalent form of security in the money market, issued at a discount, with a yield slightly higher than Treasury bills. The main issuers of commercial paper are finance companies and banks, but also include corporations with strong credit, and even foreign corporations and sovereign issuers. The main buyers of commercial paper are mutual funds, banks, insurance companies, and pension funds. Because commercial paper is usually sold in round lots of $100,000, very few retail investors buy paper.
US Savings bonds can be purchased from commercial banks or (naturally) over the internet. Most commercial banks act as agents for the Treasury; they will let you fill out the purchase forms and forward them to the Treasury. You will receive the paper bonds in the mail a few weeks later.
Banks sell them.
To purchase T-bills through Treasury Direct, you need to create an account on the Treasury Direct website, provide your personal information, link a bank account for funding, and place an order for the T-bills you want to buy.
In buying the bonds CBN pays cash which goes to other commercial banks and eventually into the open market until the CBN decides to sell and the revers becomes the case.
When the Federal Reserve buys Treasury bills, it increases the money supply in the economy, as it injects liquidity into the banking system by crediting banks' reserves. This can lead to lower interest rates, making borrowing cheaper for consumers and businesses. As a result, economic activity may increase, potentially stimulating growth and spending. However, if done excessively, it could also raise concerns about inflation.
individuals who wanted to buy a home
These banks were created to discount or buy short- and intermediate-term notes of agricultural business from commercial banks, savings and loans, and other financial institutions.
From the central bank's money exchange window, commercial banks, and directly from customers
i would start with the bank...they may have an answer or you could try Google or bing to look up the number for the US mint.CorrectionFirst, as of 09/2009 no 2009-dated $1 bills have been released. Demand for bills and coins is down significantly due to the recession so the Treasury is still drawing on existing supplies. Second, calling the U.S. Mint to find out about $1 bills will not help, because the Mint only makes coins. Bills are printed by the Bureau of Engraving and Printing, and then distributed to banks through the Federal Reserve System.