# Treasury Bills (fBILL & ifBILL)

Fortunafi's smart contract vault for U.S. Treasury Bills ('fBILL' and 'ifBILL') provides users with  exposure to short-term U.S. Treasury Bills. Underlying investments may include (i) direct purchases of U.S. Treasury Bills that have a remaining maturity under 12 months, and (ii) other instruments or investments providing short-term U.S. Treasury Bills, such as ETFs (e.g. BIL, SGOV, and SHV).

The smart contract issues a token for US investors 'fBILL' and a separate token for International investors, 'ifBILL'.


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