Treasury bill

简明释义

库券［一般为９０天或１８０天期］

英英释义

例句

1.The government issued a new Treasury bill to help fund its budget deficit.

政府发行了一种新的国库券来帮助弥补预算赤字。

2.Investors often consider a Treasury bill as a safe place to park their money.

投资者通常将国库券视为安全的资金停放地。

3.Many people invest in Treasury bills during economic uncertainty.

许多人在经济不确定时投资于国库券。

4.You can buy a Treasury bill online through various financial institutions.

您可以通过各种金融机构在线购买国库券。

5.A Treasury bill typically has a maturity of one year or less.

一张国库券的到期时间通常为一年或更短。

作文

Understanding financial instruments is crucial for anyone looking to invest or save wisely. One of the most common and secure forms of investment available is the Treasury bill, which is often abbreviated as T-bill. A Treasury bill is a short-term government debt obligation that is issued by the United States Department of the Treasury. These bills are sold at a discount to their face value and mature in one year or less, making them an attractive option for investors seeking a low-risk investment vehicle. The primary appeal of a Treasury bill lies in its safety. Backed by the full faith and credit of the U.S. government, T-bills are considered one of the safest investments available. This means that there is virtually no risk of default; investors can be confident that they will receive their principal amount upon maturity. Additionally, T-bills are exempt from state and local taxes, although they are subject to federal income tax. This tax advantage further enhances their attractiveness to investors.Investing in a Treasury bill is relatively straightforward. Investors can purchase T-bills directly from the government through auctions or buy them on the secondary market. The auction process involves competitive and non-competitive bidding. In competitive bidding, investors specify the discount rate they are willing to accept, while in non-competitive bidding, investors agree to accept whatever discount rate is determined at the auction. This flexibility allows investors to choose their preferred method of acquisition based on their investment strategy.The yield on a Treasury bill is determined by the difference between the purchase price and the face value paid at maturity. For example, if an investor buys a T-bill with a face value of $1,000 for $950, the yield would be $50, representing a return on investment. This yield can vary depending on market conditions, interest rates, and investor demand. As such, T-bills are often viewed as a benchmark for short-term interest rates in the economy.Another important aspect of Treasury bills is their liquidity. Since they are highly sought after and actively traded, investors can easily buy and sell T-bills without significant price fluctuations. This characteristic makes T-bills an excellent choice for those who may need quick access to cash while still wanting to maintain a relatively safe investment.In conclusion, understanding the concept of a Treasury bill is essential for anyone interested in investing in government securities. Their safety, simplicity, tax advantages, and liquidity make them an appealing option for both novice and experienced investors. By incorporating T-bills into a diversified investment portfolio, individuals can achieve a balance between risk and return, ensuring that their financial goals are met in a secure manner. As the economy continues to evolve, Treasury bills will likely remain a cornerstone of conservative investment strategies, providing peace of mind and financial stability for those who choose to invest in them.

理解金融工具对于任何希望明智投资或储蓄的人来说都是至关重要的。最常见和安全的投资形式之一是Treasury bill，通常缩写为T-bill。Treasury bill是由美国财政部发行的短期政府债务义务。这些票据以低于面值的价格出售，并在一年或更短时间内到期，使其成为寻求低风险投资工具的投资者的理想选择。Treasury bill的主要吸引力在于其安全性。由于得到美国政府的全力支持，T-bill被认为是可用的最安全的投资之一。这意味着几乎没有违约风险；投资者可以放心，他们将在到期时收到本金。此外，T-bills免除州和地方税，但需缴纳联邦所得税。这一税收优势进一步增强了它们对投资者的吸引力。投资于Treasury bill相对简单。投资者可以通过拍卖直接从政府购买T-bills，或在二级市场上购买。拍卖过程包括竞争性和非竞争性投标。在竞争性投标中，投资者指定他们愿意接受的折扣率，而在非竞争性投标中，投资者同意接受拍卖确定的任何折扣率。这种灵活性使投资者能够根据其投资策略选择首选的获取方式。Treasury bill的收益率由购买价格与到期时支付的面值之间的差额决定。例如，如果投资者以950美元的价格购买面值为1000美元的T-bill，则收益为50美元，代表投资回报。此收益可能会因市场条件、利率和投资者需求而有所不同。因此，T-bills通常被视为经济中短期利率的基准。Treasury bills的另一个重要方面是其流动性。由于它们受到高度追捧并积极交易，投资者可以轻松买卖T-bills，而不会出现显著的价格波动。这一特性使T-bills成为那些可能需要快速获得现金，同时又希望保持相对安全投资的人的绝佳选择。总之，理解Treasury bill的概念对于任何有兴趣投资政府证券的人来说都是必不可少的。它们的安全性、简单性、税收优势和流动性使其成为新手和经验丰富的投资者的吸引选择。通过将T-bills纳入多样化的投资组合，个人可以在风险和回报之间实现平衡，确保以安全的方式实现其财务目标。随着经济的不断发展，Treasury bills可能仍将是保守投资策略的基石，为选择投资它们的人提供安心和财务稳定。