Terms & Conditions
Treasury bills or T-bills, are presently issued in three tenures, namely
- 91 day
- 182 day
- 364 day
Process of T-bill buying from primary market
- Bidding can be done on only once a week i.e. Tuesday before 2 p.m. , free cash fund should be available in client account.
- If cash is not available in the account, request will be treated as null and void.
- Client can’t request for T-bill not more than 90% of the amount available.
- Delivery of T-bill will be credited directly to client’s Demat account on Thursday end of the day.
- Haircut on T-bill will be charged as per exchange.
- Client can pledge the same on Friday.