Cash Management Bills — TreasuryDirect Treasury issues short-term cash management bills periodically to manage short-term financing needs Cash management bills can be purchased by individuals, fiduciaries, and corporate investors through a broker, dealer, or financial institution during the auction process Bidding is either noncompetitive or competitive
What Is a Cash Management Bill? - Smart Capital Mind A Cash Management Bill (CMB) is a short-term security issued by the government to compensate for a cash shortage Such bills offer high flexibility to officials working on monetary policy and management of the money supply
Cash Management Bill (CMB): Meaning, Uses, and Considerations A cash management bill (CMB) is a short-term security sold by the U S Treasury to raise funds when the government’s cash reserves are low Unlike other Treasury bills, CMBs are not sold regularly but are offered as needed
Cash Management Bill: Key Insights | Finfloh Cash Management Bills (CMBs) are short-term debt instruments governments issue to manage temporary cash flow mismatches These bills are similar to Treasury Bills (T-Bills) but have a shorter maturity period, ranging from a few days to a few weeks