SPDR Bloomberg 1-3 Month T-Bil

[feirb1]

I wish to park funds into BIL to capture the short term rates. I see this is listed on IG also (SPDR Bloomberg 1-3 Month T-Bil) but it confuses me that you can also short it. Why would you short BIL?

Am I correct in my assumption that going long on this (SPDR Bloomberg 1-3 Month T-Bil) on IG is the equivalent of buying BIL etf?

[KoketsoIG]

1 hour ago, feirb1 said:

I wish to park funds into BIL to capture the short term rates. I see this is listed on IG also (SPDR Bloomberg 1-3 Month T-Bil) but it confuses me that you can also short it. Why would you short BIL?

Am I correct in my assumption that going long on this (SPDR Bloomberg 1-3 Month T-Bil) on IG is the equivalent of buying BIL etf?

Hi @feirb1,

Thank you for your post.

Please note that we offer T-Bills for trading on leveraged accounts. By trading these, you will be speculating on the price movements. This means that, when trading, you´ll never take ownership of an actual t-bill. Instead, you´ll take a position on the market either rising in value or falling.

Thanks,

KoketsoIG