I know that my T Bills will be kept in my demat account.
But how do I see it in zerodha ? In the order book will this be visible ?
Will this be visible in Coin or holding section in kite ?
Will I have to login to CDSL to see my T-Bill
@siva @Bhuvan @nithin
Thanks in advance.
T-Bills are listed on the exchanges, these will reflect in your holdings on Kite as well as on Console.
Thanks for the reply @ShubhS9
I have three more questions… thanks in advance.
-
If the T bills are listed on the exchange, then what is the ticker name for searching ?
-
After how many days will the T bill be visible on my Holdings ?
-
How to determine the discount price in which the T bills are sold ? Will the yield represent the discounted amount ? I don’t really understand the bidding process, so can you share some info about or you shall share a website where the bidding information is available to know the discounted price before buying.
Thanks again @ShubhS9
Here’s how naming convention works for T-Bills: Naming Convention for Treasury Bills trading in the bond market - #2 by siva
You’ll receive the securities within 5 days of the auction date. This support article explains it in detail.
Not aware of any website, but you can read this chapter on Varsity to know how T-Bills work:
T-Bills are issued at discount and redeemed at par upon maturity. You can check the yields on RBI website.
But Applying in coin 100 units is minimum it shows (10,000)… below 100 units we can submitted the application how i will get discount price