Sri Lankan Treasury Bills, also known as T-Bills, are a type of short-term debt instrument issued by the government of Sri Lanka to finance its expenditure. T-Bills have a fixed maturity period, typically ranging from 3 months to 1 year, and are issued at a discount to their face value. This means that investors can buy T-Bills for less than the amount they will receive when the T-Bills mature and are redeemed.
T-Bills are considered a low-risk investment option, as they are backed by the credit of the government and are considered a secure source of income. They are also a popular investment choice due to their flexibility, as they can be easily bought and sold on the secondary market.
T-Bills can be a useful investment option for Sri Lankans looking for a safe and secure way to grow their money over the short term. They can be especially suitable for those who are seeking a steady stream of income and are willing to accept a lower level of return in exchange for the security of government-backed debt.
Overall, Sri Lankan T-Bills can be a useful addition to an investment portfolio, offering a low-risk option for those looking for a stable and secure source of income. It’s important to carefully consider the terms and conditions of T-Bills before investing, and to seek professional guidance if necessary, to ensure that they are the right fit for your individual investment needs and goals.