{"id":8191,"date":"2024-06-22T13:37:38","date_gmt":"2024-06-22T13:37:38","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=8191"},"modified":"2026-04-13T12:06:21","modified_gmt":"2026-04-13T12:06:21","slug":"treasury-bonds-vs-treasury-bills","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/fixed-income\/treasury-bonds-vs-treasury-bills\/","title":{"rendered":"Treasury Bonds vs. Treasury Bills"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Investment instruments offered by a government are often popular among investors due to the assurance of sovereign backing. Government securities are among those avenues in India. The central as well as state governments can issue securities of different types. The primary reason behind government securities is to collect funds to compensate for budgetary deficits and finance various development projects. While these tools indicate the debt obligation of a government, as in, it is taking a type of loan, the investors get access to a new investment market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A basic categorization will show the availability of two types of government securities in India &#8211; short term securities, which are treasury bills and cash management bills, and long term securities, which are dated securities or treasury bonds. Each type of security has unique objectives and features. A thorough comparative discussion will allow investors to understand their perks and pick the most suitable option.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Join us as we discuss treasury bills and <a href=\"https:\/\/goldenpi.com\/government-securities\" target=\"_blank\" rel=\"noopener noreferrer\">treasury bonds<\/a> in length and draw evaluation-based conclusions to help guide you toward the best investment decisions!<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/treasury-bonds-vs-treasury-bills\/#Comparative_Analysis_Treasury_Bills_Treasury_Bonds\" >Comparative Analysis Treasury Bills &amp; Treasury Bonds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/treasury-bonds-vs-treasury-bills\/#Ideal_Investor_Profile\" >Ideal Investor Profile<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/treasury-bonds-vs-treasury-bills\/#Invest_in_Government_Securities_with_GoldenPi\" >Invest in Government Securities with GoldenPi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/treasury-bonds-vs-treasury-bills\/#FAQs_Treasury_Bonds_vs_Treasury_Bills\" >FAQs Treasury Bonds vs. Treasury Bills<\/a><\/li><\/ul><\/nav><\/div>\n\n<h2><span class=\"ez-toc-section\" id=\"Comparative_Analysis_Treasury_Bills_Treasury_Bonds\"><\/span><strong>Comparative Analysis Treasury Bills &amp; Treasury Bonds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-8347 size-full\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051856\/Comparative-Analysis-Treasury-Bills-Treasury-Bonds.jpg\" alt=\"Comparative Analysis Treasury Bills &amp; Treasury Bonds\" width=\"1160\" height=\"550\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051856\/Comparative-Analysis-Treasury-Bills-Treasury-Bonds.jpg 1160w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051856\/Comparative-Analysis-Treasury-Bills-Treasury-Bonds-300x142.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051856\/Comparative-Analysis-Treasury-Bills-Treasury-Bonds-1024x486.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051856\/Comparative-Analysis-Treasury-Bills-Treasury-Bonds-768x364.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051856\/Comparative-Analysis-Treasury-Bills-Treasury-Bonds-585x277.jpg 585w\" sizes=\"(max-width: 1160px) 100vw, 1160px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Treasury bills and bonds are offered by the central government of India. RBI is responsible for issuing the securities, which it does via auctions. Press releases and newspaper advertisements are published to inform investors about the issues.<a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/how-indian-investors-can-safeguard-their-investments\/\"> Investors<\/a> can proceed to purchase and avail the investment benefits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is important to remember that the two types of securities have some similarities while having multiple differences. Below is a comparison based on all the important parameters investors study before investing in government securities or any other investment avenue.<\/span><\/p>\n<h3><strong>Maturity Period<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Government securities can be categorized into short term and long term. A basic definition will state that any securities issued with a maturity period of less than 1 year is a T-bill, and any security offered for a tenure of more than 1 year is called a T-bond. There are further classifications.<\/span><\/p>\n<h4><b>T-Bill Tenures<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">T-bills can have three types of tenures.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">91 days<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">182 days<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">364 days<\/span><\/li>\n<\/ul>\n<h4><b>T-Bond Tenures<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">There are different <a href=\"https:\/\/goldenpi.com\/faq\/bonds-and-ncs\/what-are-the-different-types-of-bonds\" target=\"_blank\" rel=\"noopener noreferrer\">types of bonds<\/a> the government offers, and they mostly range between 5 and 40 years.<\/span><\/p>\n<h3><strong>Interest (Coupon)<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">The interest or coupon payment is one of the most crucial differentiating factors between treasury bills and bonds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/types-of-government-bonds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Treasury bills<\/a> zero coupon securities as they do not offer any interest or coupon payments. They are issued at a discounted price and the profit is generated on maturity as investors receive the original security price. For instance, take a treasury bill with a face value of INR 100. After the discount, it will be issued at INR 90, but the investor will be paid the face value of INR 100 after the maturity period is over.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, treasury bonds come with a fixed interest rate. They generate interest at the same rate throughout the year and coupons are credited to the accounts of the investors at regular intervals (semi-annually or annually). There are bonds with floating interest rates, too. The rate of interest is reset at a pre-decided interval (for example, every six months), and a <a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-coupon\/\">coupon<\/a> is generated accordingly.<\/span><\/p>\n<h3><strong>Returns<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">In general, long-term investments offer better growth potential than short-term channels. In the case of government securities, bonds offer returns as the capital stays locked in and offers regular returns for a long period of time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, treasury bills compensate with a discount but do not have that much scope to grow capital.<\/span><\/p>\n<h3><strong>Minimum Investment Amount<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Investors can start investing in government bills for as low as INR 10,000. Further increment must be in the multiples of INR 10,000. On the other hand, the minimum investment in T-bills starts at INR 25,000.<\/span><\/p>\n<h3><strong>Purchase Method &amp; Liquidity<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">RBI conducts auctions for the issuance of government securities. The table below shows the schedule.<\/span><\/p>\n<div id=\"footable_parent_8192\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <div class=\"pcrstb-wrap\"><table data-ninja_table_instance=\"ninja_table_instance_1\" data-footable_id=\"8192\" data-filter-delay=\"1000\" aria-label=\"Treasury Bonds vs. Treasury Bills - Sheet1.csv\"            id=\"footable_8192\"\n           data-unique_identifier=\"ninja_table_unique_id_3153324004_8192\"\n           class=\" foo-table ninja_footable foo_table_8192 ninja_table_unique_id_3153324004_8192 ui table  nt_type_legacy_table fixed selectable celled striped vertical_centered  footable-paging-right ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_typeofsecurity \">Type of Security<\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_dayofauction \">Day of Auction<\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_dayofsettlement \">Day of Settlement<\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"394\" class=\"ninja_table_row_0 nt_row_id_394\">\n            <td>91-day T-bills<\/td><td>Friday (every week)<\/td><td>Following Saturday<\/td>        <\/tr>\n            <tr data-row_id=\"395\" class=\"ninja_table_row_1 nt_row_id_395\">\n            <td>182-day T-bills<\/td><td>Wednesday (alternate week) of the non-reporting week<\/td><td>Following Thursday<\/td>        <\/tr>\n            <tr data-row_id=\"396\" class=\"ninja_table_row_2 nt_row_id_396\">\n            <td>364-day T-bills<\/td><td>Wednesday (alternate week) of the reporting week<\/td><td>Following Thursday<\/td>        <\/tr>\n            <tr data-row_id=\"397\" class=\"ninja_table_row_3 nt_row_id_397\">\n            <td>Treasury bonds<\/td><td>Friday (every week)<\/td><td>Following Monday<\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table><\/div>\n    \n    \n    \n<\/div>\n\n<p><span style=\"font-weight: 400;\">Government securities, both bills and bonds, can be traded in the secondary market, making them liquid.\u00a0<\/span><\/p>\n<h3><strong>Eligible Investors<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Large institutional investors occupied the government securities market of India earlier. However, the Retail Direct Scheme brought a change by enabling retail investors to participate in the market. Under the scheme, retail investors can make an account and invest in government securities on the Retail Direct Portal. The access of retail investors is spread over primary auctions of securities as well as the secondary market trades.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This eligibility is applicable for both treasury bonds and bills, making it another factor of similarity.\u00a0<\/span><\/p>\n<h3><strong>Tax Treatment<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/goldenpi.com\/government-securities\" target=\"_blank\" rel=\"noopener noreferrer\">Government securities<\/a> are subject to taxation on the income earned and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Capital_gain\" target=\"_blank\" rel=\"noopener noreferrer\">capital gains<\/a>, if any. Note, when held for more than 3 years, government securities will generate long term capital gains (LTCG), and when held for less than 3 years, will be considered short term capital gains (STCG). LTCG is taxed at 10% without indexation or at 20% with indexation. STCG is taxed as per individual tax slab rates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">T-bills are zero coupon securities offered with a discounted purchase price and returns in the equivalent of the original face value. So, gains will be generated on maturity, and they will be subject to STCG tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/goldenpi.com\/government-securities\" target=\"_blank\" rel=\"noopener noreferrer\">Government bonds<\/a>, on the other hand, can be subjected to both STCG and LTCG taxes based on when the appreciation occurs.<\/span><\/p>\n<h3><strong>Market Volatility<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">If the interest rates rise in the market, the value of existing bonds falls. This inverse relationship becomes challenging for long term investments, as the longer the tenure, the more subjectable they will be to market volatility.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since treasury bills are issued for a maturity period of less than a year, it is less influenced by market volatility than treasury bonds issued for up to 40 years.<\/span><\/p>\n<h3><strong>Default Risk<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">The risk of default is lower than most investment instruments available in the market as both types of securities are issued by the government itself.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ideal_Investor_Profile\"><\/span><strong>Ideal Investor Profile<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Here\u2019s the best way to identify the suitability of investor profiles.<\/span><\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tbody>\n<tr>\n<td><b>Treasury Bills<\/b><\/td>\n<td><span style=\"font-weight: 400;\">If you want a confident channel to park your investment for a year or less, T-bills are one of the good bets.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Treasury Bonds<\/b><\/td>\n<td><span style=\"font-weight: 400;\">If you are looking for long term investment options with high security and consistent returns, treasury bonds are the most suitable options.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Invest_in_Government_Securities_with_GoldenPi\"><\/span><strong>Invest in Government Securities with GoldenPi<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-8346 size-full\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051855\/Invest-in-Government-Securities-with-GoldenPi.jpg\" alt=\"Invest in Government Securities with GoldenPi\" width=\"1160\" height=\"550\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051855\/Invest-in-Government-Securities-with-GoldenPi.jpg 1160w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051855\/Invest-in-Government-Securities-with-GoldenPi-300x142.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051855\/Invest-in-Government-Securities-with-GoldenPi-1024x486.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051855\/Invest-in-Government-Securities-with-GoldenPi-768x364.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/06\/04051855\/Invest-in-Government-Securities-with-GoldenPi-585x277.jpg 585w\" sizes=\"(max-width: 1160px) 100vw, 1160px\" \/><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/goldenpi.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">GoldenPi<\/a> is the first ever Indian fintech company to bring bonds and debentures to retail investors. It is a comprehensive platform guiding investors through the entire investment process, that starts with providing information on all the latest issues of government security and ends with helping them invest seamlessly and crediting the purchased units. Investors will have access to all the details about their options and expert opinions whenever needed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Visit GoldenPi today and invest in government securities in 3 simple steps, that include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Quickly completing the KYC<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Selecting a government security<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Making the payment<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_Treasury_Bonds_vs_Treasury_Bills\"><\/span><strong>FAQs Treasury Bonds vs. Treasury Bills<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><strong>1. What is the interest rate of government securities?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Treasury bills are zero coupon bonds, so no interest rate is applicable. For government bonds, the interest rate varies. The approximate average return on government bonds can be 7.5%. Whenever a new issue enters the market, its interest rate, along with other important details, will be mentioned. You can visit GoldenPi to stay updated on the latest interest rates.<\/span><\/p>\n<h3><strong>2. How do I know about the new government security issuance?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">RBI issues press releases and publishes advertisements in leading newspapers. You can keep an eye on its website. Another way to know about government security issuance will be via GoldenPi. It keeps its database updated at all times. Besides, it also has a feature to send notifications whenever a new bond is issued, if you opt for it.<\/span><\/p>\n<h3><strong>3. Does TDS apply to treasury bills and bonds?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">TDS, tax deducted at source, is not applicable for treasury bills and bonds. Treasury bills are subject to short term capital gain tax. On the other hand, tax is imposed on the interest and capital gains (short or long term, as applicable) of treasury bonds.<\/span><\/p>\n<h3><strong>4. How to buy government securities in India?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">You can buy government securities on GoldenPi without any hassle. The process here is quite straightforward enough for even newbie investors. You will first have to complete the digital KYC. Then, you can check out the securities and pick one that matches your investment goals. Finally, make the payment, and the units will be transferred to your Demat Account.<\/span><\/p>\n<h3><strong>5. How long does it take to transfer the purchased units of government securities?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Settlements of government securities are done on T (transaction day) + 1 day basis. As you make the payment to purchase a security, the units you bought will be transferred to your Demat account the next day. Suppose the transaction happens on a Thursday, you will receive the units the following Friday.<\/span><\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"1. What is the interest rate of government securities?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Treasury bills are zero coupon bonds, so no interest rate is applicable. For government bonds, the interest rate varies. The approximate average return on government bonds can be 7.5%. Whenever a new issue enters the market, its interest rate, along with other important details, will be mentioned. You can visit GoldenPi to stay updated on the latest interest rates.\"}},{\"@type\":\"Question\",\"name\":\"2. How do I know about the new government security issuance?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"RBI issues press releases and publishes advertisements in leading newspapers. You can keep an eye on its website. Another way to know about government security issuance will be via GoldenPi. It keeps its database updated at all times. Besides, it also has a feature to send notifications whenever a new bond is issued, if you opt for it.\"}},{\"@type\":\"Question\",\"name\":\"3. Does TDS apply to treasury bills and bonds?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"TDS, tax deducted at source, is not applicable for treasury bills and bonds. Treasury bills are subject to short term capital gain tax. On the other hand, tax is imposed on the interest and capital gains (short or long term, as applicable) of treasury bonds.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment instruments offered by a government are often popular among investors due to the assurance of sovereign backing. Government securities are among&hellip;<\/p>\n","protected":false},"author":8,"featured_media":8456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[226,245],"tags":[50,255,256],"class_list":["post-8191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-income","category-govt-bonds","tag-government-bonds","tag-treasury-bonds","tag-treasury-bills"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Treasury Bond vs Treasury Bill: Differences Explained by GoldenPi<\/title>\n<meta name=\"description\" content=\"GoldenPi explains the key differences between treasury bonds and treasury bills. Learn which government security suits your investment needs. 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