Of the 4 types of Treasury Securities issued, Treasury Bills, Treasury Notes, Treasury Bonds, and Treasury Inflation Protected Securities, which one has the shortest maturation date of only a year?
United States Treasury security United States Treasury security A United States Treasury security is an IOU from the US Government. It is a government debt instrument issued by the United States Department of the Treasury to finance government spending as an alternative to taxation. Treasury securities are often referred to simply as Treasuries. Since 2012 the management of government debt has been arranged by the Bureau of the Fiscal Service, succeeding the Bureau of the Public Debt. There are four types of marketable treasury securities: Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation Protected Securities (TIPS). There are also several types of non-marketable
Treasury services Treasury services Treasury services is a function of an investment bank which provides transaction, investment, and information services for chief financial officers or treasurers. Treasury services concentrates and invests client money, and provides trade finance and logistics solutions as well as safeguards, values, clears and services securities and portfolios for investors and broker-dealers. Treasury Services is a transaction intensive and system intensive business. This is a source of risk free fees income for the banks. The key offerings under Treasury Services include: Helping the client with products and solutions for receiving/collecting money for business deals/sales/service provided from its business partners,