UEDA YAGI TANSHI Co., Ltd.UEDA YAGI TANSHI Co., Ltd.

UEDA YAGI TANSHI Co., Ltd.

Financial Markets Division

Treasury Discount Bills

Treasury Discount Bills (“T-bills” for short) are government bonds with maturities of one year or less. T-bills are issued at a price that has been discounted by the amount of interest payable until maturity from the face value. There are currently four types of maturities: two-month, three-month, six-month, and one-year. Prior to February 2009, both T-bills and Financing Bills (F-bills) were issued, but subsequently both instruments were unified under the term T-bill while their positioning under the Public Finance Act was not changed to facilitate flexible procurement of short-term funds.

Ueda Yagi Tanshi participates directly in T-bill auctions and is also a qualified counterparty in the Bank of Japan’s “Outright Purchase/Sale of Treasury Discount Bills”. In addition, we conduct proprietary trading, including outright transactions and repos.

Financial Markets Division
Tel: +81(3)-3279-3240
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