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TREASURY BILLS MARKET

TREASURY BILLS MARKET. TB is a kind of a promissory note put out by the government of a country. It is only the central govt. that sells TB in India after 1950. Qualities of TBs:. High liquidity Absence of risk of default ready availability on tap Assured yield Low transaction cost

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182 day tbs ceased - PowerPoint PPT Presentation

TREASURY BILLS MARKET