Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sundeep reddy
A short-term debt obligation backed by the U.S. government with a maturity of less than one year. T-bills are sold in denominations of $1,000 up to a maximum purchase of $5 million and commonly have maturities of one month (four weeks), three months (13 weeks) or six months (26 weeks).
T-bills are issued through a competitive bidding process at a discount from par, which means that rather than paying fixed interest payments like conventional bonds, the appreciation of the bond provides the return to the holder.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What points are covered in the 'annual financial statement'?
What is 'spns'?
What are your views on the cashless economy?
What is recession? What is the cause for the present recession?
Is there any ethical dilemma that the banks face?
Explain unsecured loans.
any political view
What are the different types of taxes imposed by the government?
what are the various field which one gets in to finance such as those of wealth management, investment portfolio etc? and what do such field teach us exactly?
What do you think about the role of technology in the banking industry?
Define Convertible Debentures?
What do you understand by excise duty?
What is the role of banks in developing the economy?
Name some negotiable instruments.
Why you want to join NABARD?
