What is the average T bill rate?

Despite the recent stability, the 3 Month Treasury Bill Rate exceeds the long-term average of 4.20%, suggesting a relatively attractive investment opportunity for those looking for short-term government-backed securities.

A Treasury Bill, also known as a T-Bill, is a debt obligation issued by the government with a promise to pay back the principal amount along with interest at maturity. The 3 Month T-Bill, specifically, has a maturity period of three months from the date of issuance.

The 3 Month Treasury Bill Rate currently stands at 4.54%, reflecting a stable position compared to the previous market day's rate of the same figure.

Investors who purchase 3 Month Treasury Bills are essentially lending money to the government for a short duration, in return for a fixed interest rate and the guarantee of repayment at the end of the term.

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