 "treasury bills, Bonds, yield curve, banking system")
The Reserve Bank of India (RBI) has introduced the systematic investment plan (SIP) feature for investing in treasury bills (T-Bills) via its Retail Direct platform. Retail investors must understand the suitability of this instrument for their financial goals before venturing into them.
Understanding T-Bills
T-Bills are short-term government borrowing instruments issued by the RBI. “T-Bills have tenures like 91, 182, and 364 days. Dated government securities (G-Secs) are issued by the RBI for longer-term borrowing, with tenures ranging from one year to 50 years,” says Udbhav Shah, proprietor, DravyaSiddhi, an Association of Mutual Funds in India (Amfi)-registered mutual fund and
