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Molly
13 June, 17:52
Can Treasury bill be matured for 90 days
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Chance Calhoun
13 June, 18:43
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Yes
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.
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