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What is Treasury bill market Definition And Meaning

What is Treasury bill market Definition And Meaning

Treasury bills are also one of the short-term financial instruments, which deal in money market. Treasury bill is a kind of finance bill or promissory note issued by the government to raise short-term funds. Treasury bills duration vary from 14 days to 364 days.

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Traditionally, the Indian money market had suffered from inadequacy of short-term credit instruments. On the recommendations of the Vaghul Working Group, the RBI has introduced many new money market instruments.

What is Treasury bill market Definition And Meaning What is Treasury bill market Definition And Meaning Reviewed by Ikpokolo Francis on Friday, April 14, 2017 Rating: 5

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