T-Bills are mainly issued in the Primary Market (RBI’s Auction) and then they are listed on the stock exchanges (Secondary Market) for trading. Check today’s volume on this T-Bill: GOI TBILL 364D-23/11/23. The total number of securities traded are 1,00,01,000 (or 1,00,010 lots) - Trade value being around 97.14 crores.
As far as I remember, this is the highest volume generated on any T-Bill on the Secondary Market.
JFI: Do you know what is the T-Bill of yield in our neighboring countries?
Pakistan = 21.9894% | Bangladesh = 8.10% | Nepal = 9.66%