Invest in Treasury Bills
Through investment funds at Openbank
And now, you can get back 1% extra of the amount you invest in or transfer to Openbank (min. €500) until 8 May 2023. Pocket up to €1,000 extra! Join the promotion with code FONDOS23. See conditions, KIID, risks and minimum-term contract. Find out more.
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 efforts 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
Treasury Bills
MUTUAFONDO DINERO
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 0.20 years2.
The internal rate of return (IRR) of this fund for the next 12 months is 2.50%2. Data provided by the asset manager.
RENTA4 FONDTESORO CORTO PLAZO
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 0.49 years2.
The internal rate of return (IRR) of this fund for the next 12 months is 2.79%2. Data provided by the asset manager.
BBVA FONDTESORO CORTO PLAZO
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 0.50 years2.
The internal rate of return (IRR) of this fund for the next 12 months is 2.90%2. Data provided by the asset manager.
*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
SANTANDER OBJETIVO 13 M JUN-24
This fund invests mainly in government bonds issued or guaranteed by EU states (mainly Spain and Italy) and regional governments, as well as in money market instruments and, to a lesser extent, in corporate bonds.
The average maturity of the fund’s portfolio is approximately 1.10 years2.
The internal rate of return (IRR) of this fund for the next 12 months is 2.53%2. Data provided by the asset manager.
BNP SUSTAINABLE ENHANCED 12M
This fund aims to achieve a performance that is higher than the return of the euro money market by actively investing in euro-denominated short- and medium-term bonds. It also follows a sustainable approach by evaluating issuers in line with strict environmental, social and good governance criteria.
The average maturity of the fund’s portfolio is approximately 1.04 years2.
The internal rate of return (IRR) of this fund for the next 12 months is 4.11%2. Data provided by the asset manager.
CARMIGNAC SÉCURITÉ
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 years2.
The internal rate of return (IRR) of this fund for the next 12 months is 5.10%2. Data provided by the asset manager.
*Key Investor Information Document (KIID) risk scale. Risk rating 1 does not mean a risk-free investment. This indicator may change over time.
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Please note that all investments carry a certain level of risk, including the lack of returns, loss of invested capital and/or the exchange-rate risk for non-euro-denominated products. The value of the investment is subject to market fluctuations. The internal rate of return (IRR) of each of the investment funds is not a reliable indicator of the returns that are actually obtained by the investor.
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.
1 Source: Tesoro Público [Spanish Treasury] - https://www.tesoro.es/deuda-publica/subastas/resultado-ultimas-subastas/letras-del-tesoro.
2 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. The fees are as follows: 0.42% for Mutuafondo Dinero, 0.47% for Renta 4 Fondtesoro, 0.33% for BBVA Fondtesoro, 0.55% for BNP Sustainable Enhanced Bond 12M and 0.90% for Carmignac Sécurité. Risk on a scale of 1 to 7. Risk rating 1 does not mean a risk-free investment.
IRR and average maturity of the investment funds’ portfolios, provided by the asset managers on 16/03/23.
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.
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