Treasury bonds (T-bonds) are primarily utilized for long-term government borrowing, whereas Treasury bills are typically employed for shorter-term financial requirements. The government's decision to repurchase high-interest debt prior to maturity reflects a strategic approach to managing its fiscal obligations.
T-bonds: Why is the government buying back high-interest debt before maturity?
An overview of the distinction between T-bonds and Treasury bills, and the government's strategy regarding early debt repayment.
Source: TBS Bangladesh