The origin of ad hoc Treasury bills 3. The intellectual origins of ad hoc Treasury bills in their present form can be traced to the First Five Year Plan. It said, “Judicious credit creation somewhat in anticipation of the increase in production and availability of genuine savings has also a part to play”.
Our first milestone is the signing of a Memorandum of Agreement where the depositor-friendly Kiddie Account Program for children up to 12 years old is amended… to now include teens up to 19 years old.