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Which of the following financial instruments is issued by the government to meet short-term liquidity needs and is available for maturities of 91 days, 182 days, and 364 days?
  • a)
    Commercial Papers
  • b)
    Certificate of Deposit
  • c)
    Treasury Bills
  • d)
    Banker's Acceptance
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following financial instruments is issued by the governme...
Treasury Bills (T-Bills) are short-term money market instruments issued by the government to meet its short-term liquidity needs. They come with maturities of 91 days, 182 days, and 364 days. T-Bills are usually issued at a discount to their face value, and on maturity, the government pays the face value to the holder.
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Which of the following financial instruments is issued by the government to meet short-term liquidity needs and is available for maturities of 91 days, 182 days, and 364 days?a)Commercial Papersb)Certificate of Depositc)Treasury Billsd)Banker's AcceptanceCorrect answer is option 'C'. Can you explain this answer?
Question Description
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