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Canada Treasury Bills are similar to their counterparts in the United States, in the fact that these are fully guaranteed by the national government. But the similarities end here, since the Canadian T-Bills offer highly attractive rates of interest. Every single amount being put in by the investors is is being guaranteed by the Federal Government.
Investors in Canada consider this option to be the safest option, where to put in their hard-earned money. The maturity periods could vary from a month to a year. The buyers usually are advised to hold the bills for the full period of maturity, as that is a choice, free of risk. The greatest advantage with these are their saleability at standard market prices, at any time. An interesting fact of the Canadian T-Bills is that they are available in US as well as Canadian Dollars.
The smallest amount that may be invested is about five thousand for a period of three months to one year. An investor might also put in twenty five thousand for a period of one or two months.
The Canadian government covers each and every aspect of these bills and as such they are risk-free. Maximum benefits could be had if the policy is held for its entire term. The amount of investment never comes in the way of the security of these bills. The buyers can have exciting benefits from investments, which are of a smaller term.
These bills are open to be sold at any time, even in a matter of a day itself. Thus they could be called highly liquid assets, and extremely useful for the owner.
The benefits from these bills could be reaped by their owners when they reach maturity. It is usually a norm to distribute the net income at the point of maturity.
These bills guarantee high returns from the smallest investments.