1British A bill of exchange drawn by one bank on another.
‘Interest rate futures are futures contracts based on financial instruments such as bank bills of exchange or government bonds.’
‘On the money market, 90-day bank bill yields were at 6.57 per cent.’
‘The 90-day bank bill rate rose from 6.4 per cent in 1973 to 8.8 per cent in 1974-75.’
‘Eligible collateral for Open Market Operations include Treasury bills, gilt-edged stock, eligible bank bills, and securities issued by EU governments and supranational institutions.’
‘Originally developed to thwart counterfeiting of bank bills, Hitachi said the minute integrated circuit could equally be embedded in consumer products to track them in case of theft.’