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Concept information

ECONOMICS > FINANCE > TREASURY BILLS

Preferred term

TREASURY BILLS  

Definition

  • A SHORT-DATED UK GOVERNMENT SECURITY. TREASURY BILLS BEAR NO FORMAL INTEREST, BUT ARE PROMISES TO PAY IN 91 (OCCASIONALLY 61) DAYS' TIME, ISSUED AT A DISCOUNT ON THEIR REDEMPTION PRICE

Broader concept

Narrower concepts

History note

  • TERM CREATED DECEMBER 2007

Definition source

  • DE-2017

URI

https://hasset.ukdataservice.ac.uk/d1ffb165-1de5-4b14-99bb-c6e7937ddd55

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