SIE practice questionmediumT-Bills
Which is TRUE regarding Treasury bills (T-bills)?
- AThey pay interest semi-annually.
- BThey are short-term exempt securities issued at a discount.✓ Correct answer
- CThey are only sold to institutional investors.
- DThey are regulated by the MSRB.
Explanation
Why B — They are short-term exempt securities issued at a discount.
T-bills are exempt from registration, sold at a discount, and mature in a year or less. They do not pay interest (B), are available to all investors (C), and are regulated by the Treasury, not MSRB (D).
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