What is the minimum denomination of Treasury bills?

Treasury bills, often referred to as T-bills, are short-term government securities that are issued at a discount from face value and do not pay interest prior to maturity. The minimum denomination for T-bills is set at $1,000. This means that investors can purchase Treasury bills in increments of $1,000, making them accessible to a wide range of investors, from individuals to large institutional investors.

Understanding the minimum denomination is crucial for investors as it allows them to determine how much they can invest and also helps them assess the liquidity and cash management aspects of their investment portfolio. Treasury bills are typically issued in maturities of a few days up to 52 weeks, making them a flexible investment option for those looking to manage short-term cash needs while earning a return in a relatively low-risk environment.