year bill

year bill definition - business

year bill

A 12-month U.S. Treasury bill. Unlike 13- and 26-week Treasury bills, which are auctioned weekly, year bills are auctioned only once a month.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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