TradeUP supports 3 types of U.S. Treasury bonds: Treasury Bills, Treasury Notes, and Treasury Bonds. Please refer to the table below to learn their main differences.
| Maturity Period | Interest Payment |
Treasury Bill | 1 year or less | N/A* |
Treasury Note | 2-10 years | Semi-annually |
Treasury Bond | 20-30 years | Semi-annually |
*While T-bills do not pay any interest, they are issued at a discount to their face value. For example, say you buy a T-bill for $950, and its face value is $1,000 at maturity, this difference of $50 represents the “interest” you earned.
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