For example , a 91 day treasury bill of rs. 100 (face value) may be issued at rs. 98.20 , that is , at a discount of say , rs. 180 and would be redeemed at the face value of rs. 100. ,the return to the investors is the difference between the maturity value or the face value (that is rs. 100).
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For example , a 91 day treasury bill of rs. 100 (face value) may be issued at rs. 98.20 , that is , at a discount of say , rs. 180 and would be redeemed at the face value of rs. 100. ,the return to the investors is the difference between the
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