Data • Interest Rates
Daily Treasury Bill Rates
Treasury bills (T-bills) are short-term Treasury securities that typically mature in a year or less. Bill rates are commonly used as a reference for short-term financing conditions in money markets.
What You’ll Usually See
- Short maturities: rates for maturities such as 4-week, 13-week, and 26-week bills.
- Discount instruments: bills are priced at a discount and do not pay coupons.
- Policy sensitivity: short rates often move closely with policy expectations.
Why It Matters
- Cash management: affects funding costs for short-term borrowing and savings vehicles.
- Market signals: indicates near-term rate expectations and liquidity conditions.
- Benchmarks: used in pricing for short-term instruments and some loan products.