cash management bill


Definition
Short-term debt issued by the U.S. Treasury with a maturity of up to 50 days. Cash management bills are sold in denominations of $1 million, and are often purchased by money market managers. A cash management bill is an alternative to Treasury Notes and Treasury Bills, and allows the government to make up for cash shortages.

Related Personal Finance Articles

Loading...

cash management bill in the news

Loading...

cash management bill is ...

... part of the Banking and Lending & Credit subjects.

Search volume for cash management bill

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z