Treasury Bills (T-Bills)
On 12th May 2025, India extended financial support to the Maldives by renewing a USD 50 million Treasury Bill for another year through the State Bank of India (SBI).
What are Treasury Bills (T-Bills)?
T-Bills are money market instruments issued by the Government of India as a promissory note of guaranteed repayment in the future.
- The main objective of issuing a treasury note is to obtain funds to cater to the short-term requirements of the government.
- T-Bills are zero coupon securities, meaning they don’t pay interest.
- These were first issued in India in 1917.
What are maturity period of treasury bills?
- T-bills ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Paste Fill Technology for Coal Mining
- 2 SEBI's Proposed Ease of Doing Business Measures for REITs and INVITs
- 3 Common Contract Note
- 4 Standing Deposit Facility
- 5 Green Municipal Bonds
- 6 Annual Survey of Services Sector Enterprises
- 7 Vizhinjam Seaport: India's First Deep-Water Container Transshipment Port
- 8 Multi Modal Logistics Park
- 9 Guidelines for Setting up Bio-Input Resource Centres
- 10 M-CADWM Scheme Approved
