T-Bill

A T Bill is a kind of finance bill which in the nature of promissory notes, issued by the government under discount for a fixed period not exceeding one year and containing a promise to pay the amount stated therein to the bearer of the instrument.

Treasury bills or T-bills, are presently issued in three tenures, namely,
  • 91 day
  • 182 day
  • 364 day
Process of T-bill buying from primary market
  • Bidding can be done on only once a week i.e. Tuesday before 2 p.m. , free cash fund should be available in client account.
  • If cash is not available in the account, request will be treated as null and void.
  • Client can’t request for T-bill not more than 90% of the amount available.
  • Delivery of T-bill will be credited directly to client’s Demat account on Thursday end of the day..
  • Haircut on T-bill will be charged as per exchange.
  • Client can pledge the same on Friday.
Notification of T-bill

RBI generates notification of T-bill one week before of release on rbi.org.in press release link has been mentioned here (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx ).

Notification Name :- 91 days, 182 days and 364 days Treasury Bills auction

Yield and Result of T- bill – 91 days, 182 days and 364 days T-Bill Auction Result: Cut off

Mail id – [email protected] , [email protected]