I bought 91 day treasury bills for 1 lac. The maturity amount is shown as 1 lac only. Also 100 qty. has been credited to my demat with a face value of the t bill as rs 100. Shouldn’t they be issued at a discount and thus the qty. should be higher.
Based on my understanding of how much qty. has been credited I would get the same amount back as what I invested after 91 days.
Am I missing something?