SIE practice questioneasyTreasury Securities - T-bills
U.S. Treasury bills are issued at:
- AA premium
- BPar value
- CA discount✓ Correct answer
- DVariable coupon rates
Explanation
Why C — A discount
Treasury bills are sold at a discount and mature at par. They do not have coupon payments, and their yields represent the difference between purchase price and maturity value.
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