T-Bills and BAs are both very secure short-term debt securities which pay the same interest rate.

Name: T-Bills and BAs are both very secure short-term debt securities which pay the same interest rate.
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T-Bills (Treasury Bills) are issued by the government and are considered very secure, but Bankers' Acceptances (BAs) are issued by commercial entities with the backing of a bank. Their interest rates can differ due to the differing credit risks and market conditions.

T-Bills and BAs Are Both Very Secure Short-Term Debt Securities