Key Takeaway

Treasury Bills are short-term government securities (91, 182, 364 days) offering 6.5–7.2% risk-free returns. They're issued at a discount to face value and are the safest short-term investment instrument.

98.25
Days to Maturity
Annualized Yield7.14%
Discount Earned1.75
Tenure Type3 Months

Yield Breakdown:

  • You buy the T-Bill at a discounted price of 98.25.
  • At maturity, the government redeems the T-Bill at par value of 100.
  • Your total absolute discount profit per unit: 1.75.
  • Annualized compound yield: 7.14% p.a.

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Frequently Asked Questions

How do Treasury Bills (T-Bills) work?

T-Bills are zero-coupon debt instruments issued by the government at a discount and redeemed at face value on maturity.

What tenures are available for T-Bills?

T-Bills are issued for three specific tenures: 91 days, 182 days, and 364 days.

Are T-Bills safe?

Yes, they carry sovereign guarantee as they are issued directly by the Reserve Bank of India on behalf of the Central Government.

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