Business Studies, asked by shruti121816, 2 months ago

treasury bills are issued by commercial banks or not?​

Answers

Answered by Snehayadav28aug
1

Answer:

1.2 A Government Security (G-Sec) is a tradeable instrument issued by the Central Government or the State Governments. ... Treasury bills are zero coupon securities and pay no interest. Instead, they are issued at a discount and redeemed at the face value at maturity.

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