SIE practice questionmediumTreasury Securities - T-bonds
U.S. Treasury bonds are distinguished by which of the following features?
- AMaturities of 1 year or less
- BMaturities of more than 10 years✓ Correct answer
- CNo periodic interest payments
- DIssued by municipal governments
Explanation
Why B — Maturities of more than 10 years
Treasury bonds mature in more than 10 years and pay semiannual interest. T-bills mature in one year or less, and municipals are issued by state/local governments.
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