different types of treasury bills

different types of treasury bills

different types of treasury bills - securities that are traded on the stock market short term (short term). Treasury bills are the basic and common form of securities (short-term) in developed countries.
different types of treasury bills
They are available for a period of three, six and twelve months. In the United States Treasury bill is a major in government securities. Treasury bills, Treasury puts on a competitive basis at a discount through auctions. Six-month, three-month bills and every week, and with nine and twelve months of monthly. Income generated by the difference between the face value and the purchase price (which is usually below par). You can also sell treasury bills sold to maturity on the securities market (secondary). Treasuries the Fed uses to implement national monetary policy (monetary policy).
Almost all investors are buying Treasury bills in the primary market for the first time. France produces different types of treasury bills, short-term liabilities (debt) denominated bearer five thousand pounds sterling, and with a term of four - seven weeks and thirteen, twenty-sixth and fifty-two weeks with a face value (minimum) one million francs, and placed them at auction.
Japanese state produces different types of treasury bills
short-term Treasury bills maturity of three or six months. MOF emissiruet as financial bills for 2 months. Treasury bills are common in the advanced economies, as they are considered not at risk, so Treasuries are very popular with institutional investors, not excluding institutional investors.
In the United States there are different types of treasury bills, which carry out emission agencies and associations, which are created by Congress of the United States, most of them released under the state guarantee. Reliability them was the same as direct government obligations, but the yield on the contrary above.
Maturities of different types of treasury bills are different government agencies - from 3 months to 20 years or more. Government agencies - is large issuers of securities 0th coupon. Ministry of Finance of the United States began issuing securities with zero coupon since one thousand nine hundred and eighty-five. These securities emissiruyutsya a large discount, we have discount from par. The owner of the paper (with a zero discount) does not receive interest (payments on them), but if they are held to maturity, you will get checked in profitability (cost difference of the nominal value).
Why is all this necessary, why produce any treasury bills to the state, so if it gets the tax and non-tax revenue? This is to ensure that the state has been able to focus and get more funds for the implementation of some specific purpose (for example, the purchase of weapons or their production during the war), but due to the issue of securities, including Treasury bills and investors have reaped also income (discount), which is a very good moment, compared to the way it was done in the dispossession of the USSR, when it was nationalized, and refer people evicted and their property were selected under the pretext to divide everything equally. Thus, Treasury bills are securities that have been issued by local authorities to attract funding.