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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.

[Post Image Courtesy of DDPavumba at FreeDigitalPhotos.net]

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.

About Author Mohamed Abu 'l-Gharaniq

when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.

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