Answer-Treasury Bills (T-Bills) are:

T-Bills are short-term government securities 91, 182, 364 days issued at discount, redeemed at par. They are risk-free, highly liquid, and used by government for short-term borrowing. Part of the money market not capital market.

Question

Treasury Bills (T-Bills) are:

A Long-term debt instruments

B Equity market instruments

C Money market instruments issued by Government

D Issued by commercial banks only

E Foreign exchange instruments

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Treasury Bills (T-Bills) are:

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