SIE practice questioneasyTreasury Securities - T-bills
Which of the following statements about Treasury bills is TRUE?
- AThey pay quarterly interest
- BThey have maturities of up to one year✓ Correct answer
- CThey are callable
- DThey are issued by corporations
Explanation
Why B — They have maturities of up to one year
Treasury bills have maturities of one year or less. They pay no periodic interest, are not callable, and are issued by the U.S. Treasury, not corporations.
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