Business Studies, asked by thunderstrom28, 1 year ago

treasury bills are also known as what?

Answers

Answered by Anonymous
2
Heys usrr!

Treasury bills are short-term debt issue by central authority on behalf of the government.
It is also known as T-bills.

vijeta004: my answer was also a=same a s above
Answered by vijeta004
0

i hoe u get the corresct answer

Treasury Bills, also known as T-bills are the short-term money market instrument, issued by the central bank on behalf of the government to curb temporary liquidity shortfalls.

These do not yield any interest, but issued at a discount, at its redemption price, and repaid at par when it gets matured.

Similar questions