Match each instrument to its shape

Exercise and reference answers

Matching pairs

1. Left

   Treasury bill

   Right

   Zero coupon, up to 364 days

2. Left

   Cash mgmt bill

   Right

   Shorter than 91 days

3. Left

   Dated G-Sec

   Right

   Coupon paid half-yearly

4. Left

   SDL

   Right

   Loan raised by a State

5. Left

   OMO

   Right

   RBI buys or sells to adjust cash

6. Left

   LAF

   Right

   Overnight borrow or park

Instructions

Tap an instrument on the left, then tap its match.

Explanation