I recently got a bonus of 1.5L(Imaginary Number)and was very happy but confused at the same time because I didn’t want to spend this money but wanted to invest it, for the short term. I was struggling to find a decent financial instrument and one day my friend Rahul who is a finance geek introduced me to a financial instrument called RBI T-Bill.
RBI T-Bills are basically short-term debt instruments issued by the Reserve Bank of India(RBI). Apparently, T-BIlls are considered to be the safest form of investment compared to traditional instruments like fixed deposits. T-Bills are issued by RBi at a discounted face value which matures in less than a year. Apart from being the safest investment option(with higher returns compared to FDs ), T-Bills can also be traded in the secondary market which adds a higher degree of liquidity to your investment.
In Summary, T-Bills are a great investment option for anyone looking for a safe and secure way to invest and also make higher returns than Fixed Deposits.
Can’t wait to invest in T-Bills? You can start investing in T-Bills from RBI’s official website. But make sure you do your own research before investing in any financial instrument.