I am thinking of investing in Treasury bills (T-bills) but don't know much about them, and the RBI website has just uploaded the documents needed for the auction but don't have any info about them. So, here i am again, asking my group a bit of help. Anybody here has ever invested in T-bills before..what is the procedure of auction, what are competitive and non-competitive bidders??
any info would be helpful.
I am attaching two forms for auctions for T bills, these are, namely,competitive and non-competitive forms. In the competitive form, there are terms like member no. and member id....so does any1 have to be a member of some committee or some thing before investing. PLease help
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Regards,
Nihar Taranekar
Amity Business School
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https://groups.google.com/d/msg/hyd-masti/GO9LYiFoudM/TKqvCCq2EbMJ
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