NISM Series IV (Interest Rate Derivatives) Practice Questions - NISM-Series-IV Interest Rate Derivatives Certification Examination Exam

T-Bills are issued by corporate firms whereas Dated G-Secs are issued by the RBI. T-Bills have a maturity of more than one year, while Dated G-Secs have a maturity of less than one year. T-Bills are zero-coupon debt instruments issued at a discount, while Dated G-Secs pay semi-annual coupons. T-Bills carry higher default risk compared to Dated sovereign bonds.