Which of the following is correct regarding the difference between Treasury Bills T Bills and Cash M...........

Economic Affairs Financial Markets

Which of the following is correct regarding the difference between Treasury Bills (T-Bills) and Cash Management Bills (CMBs)?

While T-Bills are issued by the Government of India, CMBs are issued by the private players

T-Bills are short term debt instruments while CMBs are long term debt instruments

T-Bills have greater tenure period than CMBs

T-Bills are issued at a discount and redeemed at face value while CMBs are issued at a higher price and redeemed at a lower value

T-Bills have a tenure of 91 days or more while CMBs have a tenure of less than 91 days

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