Invest in Treasury Bills

Through investment funds at Openbank

What are Treasury Bills?

They are short-term fixed-income securities (normally with a 3, 6, 12 or 18-month maturity) issued by a government in an effort to secure financing. At Openbank, you can invest in treasury bills quickly and easily through investment funds.

Advantages of investing in Treasury Bills through investment funds

Access your money when you need it
Access your money when you need it
You can redeem your investment at any time, with no need to wait until maturity and without any redemption fees.
Ongoing portfolio renewal
Ongoing portfolio renewal
The fund continuously buys new issues at the prevailing interest rate (which has been on the rise in recent months)1, updating the expected return on your investment.
Choose how much you want to invest
Choose how much you want to invest
You can invest from as little as €1, with no need to start with €1,000, or to invest in multiples of this amount.
Taxation
Taxation
You will not be subject to pay tax on Treasury Bills until you sell them, and you can switch funds whenever you want with no tax obligation.

Treasury Bills

MUTUAFONDO DINERO

1

This fund invests exclusively in treasury bills and cash. Diversified portfolio with a minimum of 6 issues held at all times. No pre-fixed duration limit.

The average maturity of the fund’s portfolio is approximately 0.30 years2.

The internal rate of return (IRR) of this fund for the next 12 months is 3.66%2. Data is gross of fees and expenses, which in this case correspond to 0.42% of the total investment and are to be discounted from the IRR shown. The fund's return in 2023 was 2.63% and in 2024 is 0.26%2.

RENTA4 FONDTESORO CORTO PLAZO

1

Short-term fixed income fund (euro-denominated) that mainly invests in assets issued or guaranteed by the Spanish Treasury (primarily treasury bills). The average duration of its portfolio will not exceed 12 months.

The average maturity of the fund’s portfolio is approximately 0.33 years2.

The internal rate of return (IRR) of this fund for the next 12 months is 3.87%2. Data is gross of fees and expenses, which in this case correspond to 0.51% of the total investment and are to be discounted from the IRR shown. The fund's return in 2023 was 2.60% and in 2024 is 0.29%2.

BBVA FONDTESORO CORTO PLAZO

1

Short-term fixed income fund (euro-denominated) that mainly invests in assets issued or guaranteed by the Spanish Treasury (primarily treasury bills). The average duration of its portfolio will not exceed 12 months.

The average maturity of the fund’s portfolio is approximately 0.44 years2.

The internal rate of return (IRR) of this fund for the next 12 months is 3.17%2. Data is gross of fees and expenses, which in this case correspond to 0.43% of the total investment and are to be discounted from the IRR shown. The fund's return in 2023 was 2.37% and in 2024 is 0.24%2.

By clicking “Find out more”, you will be taken to the information sheet for each Investment Fund, where you can consult the 5-year return (or calculated from the fund's inception date, if less than 5 years old), among other details.

*Key Investor Information Document (KIID) risk scale. Risk rating 1 does not mean a risk-free investment. This indicator may change over time.

Other Target Return and short-term Fixed Income alternatives

LA FRANÇAISE TRÉSORERIE

1

You can earn a higher return by investing in this low-risk mutual fund that invests in debt and money market instruments of high credit quality.

The average maturity of the fund’s portfolio is approximately 0.04 years2.

The internal rate of return (IRR) of this fund for the next 12 months is 4.07%2. Data is gross of fees and expenses, which in this case correspond to 0.15% of the total investment and are to be discounted from the IRR shown. The fund's return in 2023 was 3.36% and in 2024 YTD stands at 0.41%2.

Groupama Entreprises N

2

This fund aims to outperform the eurozone money market, following the deduction of management fees. To this end, it makes short-term investments in liquid assets. 

The average maturity of the fund’s portfolio is approximately 0.04 years2


The internal rate of return (IRR) of this fund for the next 12 months is 3.90%2. Data is gross of fees and expenses, which in this case correspond to 0.58% of the total investment and are to be discounted from the IRR shown. The fund's return in 2023 was 3.25% and in 2024 YTD stands at 0.42%2.

CARMIGNAC SÉCURITÉ

2

The lion’s share of the fund’s portfolio is made up of bonds, debt securities or money market instruments, mainly demoninated in euros, as well as floating-rate bonds. The weighted average rating of the securities will be no lower than ‘investment grade’.

The average maturity of the fund’s portfolio is approximately 2.41 years2.

The internal rate of return (IRR) of this fund for the next 12 months is 4.52%2. Data is gross of fees and expenses, which in this case correspond to 1.22% of the total investment and are to be discounted from the IRR shown. The fund's return in 2023 was 4.06% and in 2024 is 0.66%2.

By clicking “Find out more”, you will be taken to the information sheet for each Investment Fund, where you can consult the 5-year return (or calculated from the fund's inception date, if less than 5 years old), among other details.

*Key Investor Information Document (KIID) risk scale. Risk rating 1 does not mean a risk-free investment. This indicator may change over time.

Please note that all investments bear some level of risk, including the lack of return, loss of invested capital and/or foreign exchange risk for non-euro-denominated products. The value of the investment is subject to market fluctuations and the return actually obtained may differ from that expressed in the Internal Rate of Return ("IRR") or APR due to potential changes in the assets held in the portfolio or the market performance of interest rates and issuer credit. This data is not a reliable indicator of future performance or the return actually obtained. Past performance is no guarantee of future results.


The level of risk and the information regarding each of the Investment Funds marketed by Open Bank, S.A. is detailed in the Prospectus or Key Investor Information Document (KIID) for each of the Investment Funds, available at www.openbank.es/en and www.cnmv.es.

Start investing with Openbank in just 3 steps

Become an Openbank customer for free
Become an Openbank customer for free
Become a customer for free in under 10 minutes! Enter your details, verify your identity and sign the documentation electronically. You will get a fee-free current account, free debit card for the main holder, lots more benefits as well as access to our full range of investment products and services.
Pick an investment fund of your choice
Pick an investment fund of your choice
For example, funds that invest in treasury bills.
That's it!
That's it!
Track your investment's performance on the website and app.

1 Source: Tesoro Público [Spanish Treasury] - Results of latest Treasury Bill auctions.

Internal rate of return (IRR) expressed as the return for the next 12 months on the bond issues in which each of the funds invests, taking the principal and coupon payments (if any) into account. Bear in mind that the value shown should no be considered the sole value of the potential return on the investment obtained by the investor. This IRR figure is gross of investment fund fees and the fund's ongoing charges must be deducted. These include fees for purchasing and holding the fixed-income issues in which the fund invests, which are implicitly deducted from the fund's daily net asset value and are expressed as an annual percentage. Risk on a scale of 1 to 7. Risk rating 1 does not mean a risk-free investment. Source for returns: Refinitiv. The 2023 return refers to the period between 01/01/2023 and 31/12/2023. The 2024 return refers to the period between 01/01/2023 and 7/02/2024. The returns shown are net of fees. IRR provided by the asset manager on 31/01/24.

3 The ESTIMATED RETURN IS NOT GUARANTEED and the return actually obtained by the CIS may differ due to potential changes in the assets held in the portfolio or the market performance of interest rates and issuer credit.

APR, IRR and average maturity of the investment funds' portfolios are provided and reviewed by the asset managers and updated by Open Bank, S.A. at least once a month.

The information on this website is not intended to influence any decision of the recipient and does not represent a personalised recommendation of investment or advisory services, given that the financial situation, investment goals or other personal needs of the end investor, who is responsible for making a decision on their own investment based on the legal documentation of the Investment Funds prior to investing, have not been taken into account.

 

Want to get in touch with us?

Want to get in touch with us?

We make it simple. Give us a call on 91 117 33 16 or 900 10 29 38 and our team of investment specialists will be happy to help (Mon-Fri 8 a.m. to 8 p.m.).

91 177 33 16  or  900 10 29 38 

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We will call you back using the phone number and name provided. We will not store or use this information for any other purpose. For further information on the legal aspects of this process, specifically how we protect your privacy, click here.