Sunday, 15 March 2015

Banking Term - Treasury Bill

TREASURY BILL
          T-Bill are instruments for short term borrowing by the government. The bills are issued by tender to the money market and government departments through Tap Issues. Tenders are invited every weak from bankers, discount houses and brokers. T-Bills are issued under Market Stabilization Scheme (MSS).

Types - 91 Days, 182 Days and 364 Days

Amount : 25000 Rs and its multiples


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