SIE practice questionmediumTreasury Securities - T-notes
Which security pays interest semiannually and matures in 2–10 years?
- ATreasury bond
- BTreasury note✓ Correct answer
- CTreasury bill
- DAgency bond
Explanation
Why B — Treasury note
Treasury notes mature in 2–10 years and pay interest every six months. Bills are short-term; bonds mature in over 10 years; agency bonds can have various structures.
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