---
title: "What is the difference between SDL, T-bills, and G-secs?"
description: "The difference between State Development Loans (SDL), Treasury Bills (T-bills), and Government securities (G-secs) are as follows:"
category: arrow
subcategory: general
slug: what-is-the-difference-between-sdl-t-bills-and-g-secs
canonical: https://support.arrow.trade/arrow/general/what-is-the-difference-between-sdl-t-bills-and-g-secs/
---

# What is the difference between SDL, T-bills, and G-secs?

> The difference between State Development Loans (SDL), Treasury Bills (T-bills), and Government securities (G-secs) are as follows:

## Short answer

The difference between State Development Loans (SDL), Treasury Bills (T-bills), and Government securities (G-secs) are as follows:

Less than 1 year (91 days, 182 days, and 364 days).

Long-dated maturities.

Long-dated maturities.

You can learn more about government securities by visiting Government securities module on Arrow learning resources.

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---

Source: https://support.arrow.trade/arrow/general/what-is-the-difference-between-sdl-t-bills-and-g-secs/
Publisher: Arrow / iRage Broking Services LLP