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Fixed Income

T-Bill (Treasury Bill)

The Reserve Bank of India (RBI) issues short-term debt with a maturity period of less than a year. This type of debt, also known as short-term notes, serves as a means for the government to borrow money for a short period of time. Investors can purchase these notes and receive interest payments until the maturity date. This type of debt is attractive to investors due to its low risk and guaranteed return.
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