释义 |
cash management bill
Cash management billVery short-maturity bills that the Treasury occasionally sells because its cash balances are down and it needs money for a few days.Cash Management BillA U.S. Treasury security with a minimum purchase of $1 million and a maturity of 10 to 20 days. The U.S. Treasury sells cash management bills to institutional investors when it needs to raise cash quickly for a very short period of time.cash management bill A very short-term security (typically one having 10 to 20 days from date of issue until maturity) that is issued by the U.S. Treasury in order to manage its cash balances. A cash management bill is issued in minimum denominations of $1 million and is bought by institutional investors.AcronymsSeeCMB |