A government treasury bill is a form of debt instrument which falls due for repayment after

A government treasury bill is a short-term debt instrument issued by the government to raise funds from the public. It is usually issued for a period of 91 days, which means it falls due for repayment after three months. The government uses these funds to finance its short-term expenditures such as infrastructure development, education, healthcare, etc. Treasury bills are considered to be one of the safest forms of investment because they are backed by the government and are considered to have very low risk.