In what form Treasury Bills are issued?
The treasury bills are short-term money market instruments. They are issued in the form of__:
[A]Promissory notes in physical form
[B]by credit to Subsidiary General Ledger (SGL) account
[C]Gilt account in dematerialised form
[D]All of the above
All of the above
Treasury bills are issued in the form of promissory notes in physical form or by credit to Subsidiary General Ledger (SGL) account or Gilt account in dematerialised form.
Originally written on
May 30, 2015
and last modified on
May 30, 2015.