SOME CARD INFO MAY BE OUTDATED
This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer.
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
Treasury bills, notes and bonds are three types of investments issued and backed by the U.S. government.
All three are sold in increments of $100.
The biggest difference between the three is how long it takes for each one to reach maturity:
Meet MoneyNerd, your weekly news decoder
So much news. So little time. NerdWallet's new weekly newsletter makes sense of the headlines that affect your wallet.
Another difference? Treasury notes and bonds pay a fixed interest rate every six months until they mature.
Treasury bills don’t pay a fixed interest rate. You buy them at a discounted rate and you get the face value when the bill matures.
Video: Different types of Treasurys
» Learn more in our Treasury bonds vs. notes vs. bills explainer
Article sources
NerdWallet writers are subject matter authorities who use primary,
trustworthy sources to inform their work, including peer-reviewed
studies, government websites, academic research and interviews with
industry experts. All content is fact-checked for accuracy, timeliness
and relevance. You can learn more about NerdWallet's high
standards for journalism by reading our
editorial guidelines.
