Treasury Bills In Depth — TreasuryDirect
https://www.treasurydirect.gov/research-center/history-of-marketable-securities/bills/t-bills-indepth/
WEBResearch Center. History of Treasury Marketable Securities. Treasury Bills In Depth. Treasury bills, or bills, are typically issued at a discount from the par amount (also called face value). For example, if you buy a $1,000 bill at a price per $100 of $99.986111, then you would pay $999.86 ($1,000 x .99986111 = $999.86111).*
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