What does T mean?

Treasury (T) refers to a government department responsible for finances, particularly the collection, management, and expenditure of public revenues.

Treasury Bill (T-Bill) is a short-term debt security issued by the government for the purpose of borrowing money, with a maturity of one year or less.

Treasury Note (T-Note) is a medium-term debt security issued by the government as a means of borrowing money, with a maturity of two to ten years.

Treasury Bond (T-Bond) is a long-term debt security issued by the government as a means of borrowing money, with a maturity of ten years or longer.

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