An investment where you lend your money to the federal government or some provinces for a set period of time (the term). It does not pay interest. Instead, you buy Tbills at a price below what the government will give you at the end of the term.
An investment where you lend your money to the federal government or some provinces for a set period of time (the term). It does not pay interest. Instead, you buy Tbills at a price below what the government will give you at the end of the term.