T-Bills: What are they? How do they work? Are treasury bills safe? Know all about them
timesnownews.com
T-Bills: What are they? How do they work? Are treasury bills safe? Know all about them
T-bills are zero coupon securities and pay no interest. They are issued at a discount and redeemed at the face value at maturity. For example, a 91-day Treasury bill of Rs 100 (face value) may be issued at say Rs 98.20, that is, at a discount of say, Rs 1.80 and would be redeemed at the face value., Economy, Times Now
Nov 7, 2022
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