asked 33.4k views
5 votes
Can Treasury bill be matured for 90 days


asked
User Chattsm
by
8.6k points

2 Answers

3 votes

Answer:

Yes, Treasury bill can be matured for 90 days.

answered
User Colabug
by
7.4k points
2 votes

Answer:

Yes

Step-by-step explanation:

Treasury bills can mature in 90 days depending on the term of issuance.

Generally, treasury bills are considered to be short-term security and are issued for 90-days, 180-days, or a year term. They are often sold for an amount that is less than their face values and at maturity, the government buys the treasury bills back at an amount that is equal to the face values of the bills.

Treasury bills are issued as means for the government to pay off off their debts.

answered
User Chyoo CHENG
by
8.2k points
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