-
that means it pays not $100, it would start at $10,000.
-
Treasury bills--maybe you have to realize
-
there's a distinction between savings bonds and Treasury bills.
-
Treasury bills are for serious investors and so
-
they don't come in small denominations.
-
The U.S. Government also issues small denomination debt
-
to individuals to help them called savings bonds,
-
but we aren't talking about those.
-
At the February 14th auction,
-
Treasury bills were-- sixty-day treasury bills were sold
-
and the auction price is given.
-
Well, here's the price of the bill.