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About Lecture by Professor Dr. Md. Jahangir Alam
Treasury bills (T-bills) are short-term debt instruments issued by governments to raise funds. T-bills are considered very low risk investments as they are backed by the government. They are commonly used by central banks to implement monetary policy. Certificates of deposit (CDs) are interest-bearing deposits issued by banks for a fixed period of time. Commercial paper refers to short-term unsecured promissory notes issued by large corporations to obtain funds and carry a slightly higher risk than T-bills.
Detailed Information
| Author: | ['equinoxim'] |
|---|---|
| Publication Year: | 2010 |
| Pages: | 18 |
| Language: | English |
| Format: | |
| Price: | FREE |
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