Spiko Treasury Bills
Access the risk-free rate in EUR, GBP, or USD through our short-term money market funds fully invested in Treasury Bills.
Key figures
*Annualized net yield (after fees) over the past 31 days. Yields are updated daily and may vary slightly depending on Treasury yields. Past performance is not indicative of future results
Deposit and withdraw in USD ($) or EUR (€) with no currency exchange fees
Deposit and withdraw in USD or EUR. If you prefer to use euros instead of dollars, they'll be automatically converted to dollars with no exchange fees or spreads, using the Bloomberg benchmark rate of 10:30 AM CET on the day your funds are received.
Your security is our priority
Your cash is invested exclusively in the safest financial assets available: short-term U.S. Treasury bills. Furthermore, your funds are safeguarded by one of the world’s largest custodian banks. Spiko itself never holds your money.
Underlying assets
Our partners
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Product characteristics
FAQ
How is the daily interest determined?
Every business day, the fund's administrator calculates the value of the Treasury Bills in the portfolio, which sets the daily interest rate. On Mondays, the interest is tripled to cover the weekend.
How do you provide daily access to my funds?
Daily liquidity is contractually guaranteed by the fund's prospectus. Spiko Dollar invests exclusively in U.S. Treasury Bills, whose market is the most liquid in the world after the foreign exchange market, making it easy to meet withdrawal requests.
Are my funds fully protected?
Your funds are backed by U.S. Treasury Bills and would only be at risk in the unlikely event that the Federal government of the United States defaults on its short-term debt. We back your money with Treasury Bills rather than bank deposits because we believe a sovereign guarantee is stronger than any bank guarantee.
How would I access my funds if Spiko goes bankrupt?
First and foremost, you have no financial exposure to Spiko’s insolvency, as your funds are never on Spiko’s balance sheet. When you deposit funds, they are transferred directly from your checking account to the depositary bank. Likewise, withdrawals are sent straight from the depositary bank to your designated bank account. The account must be in your name, as Spiko cannot be used as a payment method.
That said, Spiko’s insolvency could affect you operationally, as the platform might no longer be available for placing withdrawal orders, for example. Fortunately, Spiko’s products are regulated and supervised by the French Financial Markets Authority (AMF), and their operation does not depend on the distributor. In practice, you can always place your withdrawal orders through the management company by phone or email.
What are the fees associated with using Spiko?
The only fee for using Spiko is a 0.25% annual management fee on your deposited funds, deducted daily on a prorated basis. The interest you see each day is always shown after this fee has been deducted. You have no fees associated with having an account open at Spiko. You also have no transaction fees on your deposits and withdrawals. Finally, you also have no custody fees.
Can I use Spiko as an individual?
Absolutely! You can create an account and start using Spiko right away. If you own a company, you can manage personal and business accounts from a single interface. Each account remains separate, so funds cannot be mixed.
How do you provide daily access to my funds?
Daily liquidity is contractually guaranteed by the fund's prospectus. In practice, the market for Treasury Bills is the second most liquid in the financial system, right after the forex market. This liquidity lets us sell Treasury Bills in large quantities, ensuring we can meet any withdrawal request.