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What are T-Bills?
T-bills are instruments issued by the Government of India, against which get a fixed rate of return
Current yield is - 7.01% 💰
Less Risky than any bank securities and returns also high
For long term government issue G-Bills( government bills)
For short term government issue T-Bills( treasury bills)
T-bills come in different 3 short term maturities
1) 91 Days Period 🕐
2) 182 days Period 🕔
3) 364 Days Period 🕐
important point here is that every single time you apply for the T-bill it is not necessary that you are going to get a T- bill it may be oversubscribed💯
#Finance
What are T-Bills?
T-bills are instruments issued by the Government of India, against which get a fixed rate of return
Current yield is - 7.01% 💰
Less Risky than any bank securities and returns also high
For long term government issue G-Bills( government bills)
For short term government issue T-Bills( treasury bills)
T-bills come in different 3 short term maturities
1) 91 Days Period 🕐
2) 182 days Period 🕔
3) 364 Days Period 🕐
important point here is that every single time you apply for the T-bill it is not necessary that you are going to get a T- bill it may be oversubscribed💯
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