Ana, the results of the auction reflected the market's preference for shorter tenors, with the 91-day T-bills
capturing the bulk of the demand.
As against the budgeted net T-bills
receipt of Rs 2,002 crore, net collections till December 26 2017 are Rs 86,203 crore, it said.
Qatar's central bank sold T-bills
worth 650 million riyals with a three-month maturity and a yield of 2.
have higher relative strength than the US equity market, then the New Index will consist entirely of 1 to 3-month T-Bills
Experts say T-Bills
can be considered one of the major investment instruments used by governments and central banks for short-term financing with reasonable returns taking in consideration the term of these issues that is usually between three and 12 months.
are usually issued monthly, and are considered very low-risk investments for investors.
Athens has asked for the 15 billion euro ($16 billion) cap on outstanding Greek T-bills
set by its creditors to be raised but the ECB has refused to do so, saying this would be tantamount to monetary financing of the Greek government.
The total amount bid for the 3-month T-Bills
according to the Central Bank was QAR 4,440,000,000.
5 billion for 6-month and 12-month T-bills
attained Rs 18 billion.
Greece is leaning towards issuing T-bills
to plug a cash squeeze this month as resumption of its bailout funding hinges on a positive assessment by European Union and IMF inspectors, its deputy finance minister told today's Kathimerini newspaper.
The Adamjee Life investment secure fund is a moderate to low risk profile fund that generates stable returns by balancing the investments in money market investments including mixture's of PIB's, T-Bills
and fixed income instruments with the balance in cash, where as the Investment Multiplier fund is a moderate to high risk profile fund that generates higher returns over the long run with a mix of investments PIB's, T-Bills
and fixed income instruments for individuals with a bigger risk appetite.
It does not expect rolling over maturing T-bills
(LBP) and Eurobonds in 2011 to be problematic despite delays in forming a new government.