SIE practice questionmediumTreasury Securities - T-Bills
A 26-week Treasury bill has which of the following features?
- ACallable by the Treasury
- BPays semiannual interest
- CSold at a discount, matures at face value✓ Correct answer
- DPays interest monthly
Explanation
Why C — Sold at a discount, matures at face value
T-bills are issued at a discount and mature at face value, with no interim payments. They are never callable and do not pay periodic interest.
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