T-bills or treasury bills are short-term securities issued by the federal government. They’re categorized as a short-term security because they have a short maturity date-when the investor receives the face value of their investment back. When you buy T-bills, you’re borrowing the government money to pay debt and finance public projects. Seeing as T-bills are backed by the U.S. government, they’re considered zero-risk and one of the safest investments. They’re also an accessible investment considering a T-bill can be bought with $100. The Ins And Outs of T-Bills Investors can buy T-Bills through TreasuryDirect, a bank or their broker. The only type of bills they may not get on TreasuryDirect are cash management bills. When issued, treasury bills have a pre-determined face value, which could be anything from $100 to $5,000 or $10,000. The bills are sold in increments of $100 and the minimum amount you can buy is $100. Profiting From T-Bill Discounts T-bills are usually sold at a discounted price from the face value. So that means if the face value of a T-bill is $5,000, an investor may purchase it for a