Treasury Bill (T-Bill): What is T-Bill?

Treasury Bill (T-Bill): What is T-Bill?

Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenors, namely, 91 day, 182 day and 364 day. Treasury bills are zero coupon securities and pay no interest.

T-bills are issued through a competitive bidding process at a discount from par, which means that rather than paying fixed interest payments like conventional bonds, the appreciation of the bond provides the return to the holder.

One thought on “Treasury Bill (T-Bill): What is T-Bill?

  1. give more information with explaination about Treasury bill…
    i didn’t understand T-bill properly..

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