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To: Fungi
US Notes don’t accrue interest

The US Treasury wishes it could issue T-bills without interest.

4 posted on 05/21/2024 8:25:54 PM PDT by Right_Wing_Madman
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To: Right_Wing_Madman
The US Treasury wishes it could issue T-bills without interest.

FWIW - Interest on bills held by the Fed is returned to the Treasury, isn't it?

22 posted on 05/21/2024 9:52:56 PM PDT by Chad C. Mulligan
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To: Right_Wing_Madman
The US Treasury wishes it could issue T-bills without interest.

They will. And it will seem a good deal when the banks start charging negative interest rates (as they do in some Western countries).

25 posted on 05/22/2024 12:57:05 AM PDT by Angelino97
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