Banks increase investment in 91-day T-Bills over one year on high economy!
Mon, Nov 20, 2023 5:09 PM

Banks increase investment in 91-day T-Bills over one year on high economy!

A Flip by Avya Verma
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Over the last one year, investment by banks in 91-day Treasury Bills (T-Bills) increased sharply due to increasing volatility and uncertain external economic environment; this was compounded by high inflation & interest rate risk leading to reduced ownership in 182-Day & 364 Day T-Bills. Banks responded swiftly with risk mitigation strategies such as moving from longer duration bonds to shorter.

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