Treasury 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 T-bill Treasury obligations,Treasury- negotiable debt obligations of the United States government which guarantees that interest and principal payments...
This paper analyses the implicit dynamics underlying the interest rate structure in Kenya. For this purpose, we use data on four interest rates of commercial banks (deposits, savings, lending and overdraft) together with the 91-day Treasury Bill rate, for the period July 1991 to August 2010, ...
The FED controls the money supply for the entire nation. It also manipulates interest rates through the buying and selling of bonds and by directly setting the Federal Overnight Funds Rate, the rate at which it charges private banks to borrow money from it in order to meet reserve requirement...
Related to Treasury bills:commercial paper,certificate of deposit,Treasury bonds Treasury bill n. A short-term obligation of the US Treasury having a maturity period of one year or less and sold at a discount from face value. American Heritage® Dictionary of the English Language, Fifth Edition...