Pointedly explain 3 instruments of internal debt?

1. Treasury bills: Treasury bills are short-term debt instruments issued by the government to raise funds. They typically have a maturity period of less than one year and are sold at a discount to their face value. Investors purchase these bills with the expectation of receiving the full face value at maturity, thus earning a return on their investment.

2. Treasury notes: Treasury notes are medium-term debt instruments issued by the government with maturities ranging from one to ten years. These notes pay a fixed interest rate to investors, typically semi-annually, until maturity when the principal amount is repaid. Treasury notes are considered a relatively safe investment as they are backed by the full faith and credit of the government.

3. Treasury bonds: Treasury bonds are long-term debt instruments issued by the government with maturities typically ranging from ten to thirty years. Like treasury notes, treasury bonds pay a fixed interest rate to investors until maturity when the principal amount is repaid. Treasury bonds are considered a safe and stable investment option for investors seeking long-term returns.

1. Treasury Bills (T-Bills)

- Short-term debt instruments with maturities ranging from one month to one year.
- Issued by the Treasury Department and sold in denominations of $1,000 and multiples thereof.
- Interest is not paid on T-Bills; instead, they are sold at a discount from face value.

2. Treasury Notes (T-Notes)

- Medium-term debt instruments with maturities ranging from two to ten years.
- Also issued by the Treasury Department and sold in denominations of $1,000 and multiples thereof.
- Interest is paid on a semi-annual basis at a predetermined rate.

3. Treasury Bonds (T-Bonds)

- Long-term debt instruments with maturities exceeding ten years.
- Issued by the Treasury Department and sold in denominations ranging from $1,000 to $1 million.
- Interest is paid on a semi-annual basis at a predetermined rate.