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T-bill

   Also found in: Legal, Financial, Encyclopedia 0.01 sec.
T-bill (tbl)
n.
A U.S. Treasury note.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.T-bill - a short-term obligation that is not interest-bearing (it is purchased at a discount)T-bill - a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days
Treasury obligations, Treasury - negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time


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They also carry longer maturities-a minimum of five years, compared to a year or less for T-bills and two years for Treasury notes.
We find that the size of the market, as a proxy for trading volume, affects yield spreads over T-bill rates.
To help achieve this objective, Banque du Liban, the central bank, should abandon its practice of setting T-bill rates above market levels, which provides a disincentive to bank lending.
 
 
 
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