Explore U.S. Treasury bills with KBTB. U.S. Treasury bills (“T-bills”) are short-term securities issued by the U.S. Department of the Treasury. KBTB customers can contact the bank to ask whether it currently provides access to Treasury bill purchases, what type of investment or brokerage account is used, and which purchase options are available. A T-bill is an investment security, not a checking, savings, or money market deposit account.
| Investment | U.S. Treasury bills |
|---|---|
| Typical terms | Currently offered in terms from 4 weeks to 52 weeks; check the Treasury auction schedule |
| How return works | Bills are generally purchased at a discount or at face value; the Treasury pays face value at maturity |
| Purchase access through KBTB | Ask KBTB to confirm availability, account requirements, minimums, fees, and order process |
| Deposit insurance | Treasury bills are not FDIC-insured deposits |
How to ask KBTB about investing
- Contact KBTB through an official channel. Visit a KBTB branch or use the contact information on KBTB’s official website. Ask whether KBTB currently offers customers access to U.S. Treasury bills, whether an investment or brokerage account is required, and how securities would be held.
- Choose the purchase route and bill term. Ask whether KBTB supports Treasury auction orders, secondary-market purchases, or both. Review the available maturity dates and decide how long you can leave the funds invested. Treasury bill terms and auction dates are published by the U.S. Treasury and may change over time.
- Review the specific investment details. Before placing an order, confirm the amount, purchase price or auction process, yield or discount rate, fees, settlement date, maturity date, how proceeds will be paid, and whether reinvestment is automatic. Ask whether you can sell before maturity and what pricing or charges would apply.
- Check your budget and liquidity needs. Keep enough money available for bills and emergencies before investing. If you may need the funds before maturity, ask KBTB how an early sale works; market prices can change, so an early sale may return more or less than you paid.
- Submit an order securely. Follow KBTB’s current instructions and send identification or other documents only through a verified bank channel. Review the order confirmation and keep account statements and tax records.
- Plan for maturity. Ask KBTB where the maturity proceeds will be credited and how to give or change reinvestment instructions. Do not assume proceeds will automatically renew or go to a particular account.
How U.S. Treasury bills work
T-bills are issued electronically at U.S. Treasury auctions and can also be bought through banks, brokers, or dealers that offer the service. They are typically sold below face value, with the difference between the purchase price and the face value paid at maturity serving as the investment return. The auction determines the rate; a future auction rate is not guaranteed when you first ask about an order. The Treasury currently lists bill terms ranging from 4 to 52 weeks. See the U.S. Treasury’s Treasury bills page for current product details and auction information.
Know the risks and tax treatment
U.S. Treasury bills are backed by the full faith and credit of the U.S. government, but they are securities rather than insured bank deposits. The FDIC does not insure Treasury bills, even when they are purchased through a bank. If you sell before maturity, the market price may be higher or lower than your purchase price. Treasury bill interest is generally subject to federal income tax and exempt from state and local income taxes; consult a qualified tax professional about your circumstances.
KBTB will confirm its current services and terms. This page does not state that KBTB currently offers Treasury bill trading or custody, and it does not promise a yield, return, or sale price. Confirm availability, eligibility, fees, account protections, and all investment terms directly with KBTB before transferring funds or placing an order.
For information about deposit insurance and investment products, see the FDIC’s list of products that are not FDIC-insured.
