A Treasury bill is a short-term government-issued security. Find out how Treasury bills work and whether you should include them in your investment portfolio.

Short term government securities which pay no interest so are issued at a discount. Also known as T–bills and usually have a maturity of 91 days.

When thinking about U.S. government-issued Treasurys, many investors immediately consider Treasury bills (T-bills) due to their popularity and straightforward nature. However, the world of U.S ...