WHAT IS TREASURY BILLS (T-BILLS) ?
Treasury bills are money market instrument issued by the Government of India as a promissory note with guaranteed repayment at a later date. Funds collected through such tools are typically used to meet short term requirements of the government, hence, to reduce the overall fiscal deficit of a country.
WHY CHOOSE US..?
Government treasury bills are an ideal tool to invest in for individuals looking to park surplus funds in a secure investment tool to enjoy substantial yields. The RBI facilitates a non-competitive bidding process for such bonds, allowing individual investors to partake in the same by placing their bid with the respective primary dealer of a scheduled commercial bank. Also, as details regarding the discount rate and par value are published beforehand, individuals enjoy full transparency in the investment process. It also aids in the process of financial planning for robust wealth accumulation. At Futurewise we can provide you different types of T-Bills with different Maturity.
Benefits Of (T-BILLS)
- Risk-Free
- High Liquidity
- Non-competitive bidding
Types of Treasury Bill
- 14-day treasury bill
- 91-day treasury bill
- 182-day treasury bill
- 364-day treasury bill