The three-month bills mature on Jan. 15 and the six-month on April 16.
The three-month bills mature March 18, 1992 and the six-month bills, June 17, 1993.
Because the interest rates the Government is offering are so high, some bills will mature in seven days.
When the bill matures, you get a return of your investment or you can "roll" into a new bill.
Furthermore, as bonds, notes and bills mature, the Treasury must either retire them with revenues or reissue the debt.
The three-month bills mature Dec.26, 1991 and the six-month bills, March 26,1992.
The bill in question here, because trade credit is being given, will mature when the payment is due for the goods/services.
When the bill matures the buyer/drawee/acceptor has to pay the sum of money on the bill (see 6.).
The original discounting institution, a bank or discount house, for example, might well find itself short of liquidity before the bill matures.
On a particular day the bill will mature.