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Define the Straight fixed-rate bond
Straight fixed-rate bond issues comprise a designated maturity date at which the principal of the bond issue is guaranteed to be repaid. Throughout the life of the bond, fixed coupon payments that are few percentage rate of the face value are paid as interest to the bondholders. This is the main international bond type. Straight fixed-rate Eurobonds are commonly bearer bonds and pay coupon interest yearly.
Treasury Bills, popularly known as T-bills, are issued in India by the RBI on behalf of the Government of India. T-bills are short-term securities with a maturity of 91
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