Answer (1)
Aadarsh Gupta 23rd May, 2021

Hello aspirant,

Hope you are doing well

If we talk about treasury bill so ,

Definition: These are government bonds or debt securities with maturity of less than a year.
Also we can say that Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government ofIndia and are presently issued in three tenors, namely, 91 day, 182 day and 364 day.Treasury bills are zero coupon securitiesand pay no interest.


Description: T- bills are issued to meet short-term mismatches in receipts and expenditure. Bonds of longer maturity are called dated securities.

Hope this helps you

Feel free to ask any questions regarding this

All the best for your future

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