T-bills on tap

In order to be able to finance a deficit in advance, we issue T-bills with a time to maturity of one to two months on tap.  This borrowing is complemented with T-bills with tailor-made maturities – liquidity bills – which are also issued on tap.

An advantage of liquidity bills for us as well as the investors is their flexibility. The maturity can be adapted to both our and investors’ needs. We can also choose the date for issuing liquidity bills in order to suit our borrowing requirement.

Sales

The conditions for sales are shown in the form of maturities, volume and prices. Sales take place by telephone through our primary dealers of T-bills.