SIE practice questioneasyTreasury Securities - T-notes
Which U.S. Treasury security has maturities ranging from 2 to 10 years and pays semiannual interest?
- ATreasury bills
- BTreasury notes✓ Correct answer
- CTreasury bonds
- DTIPS
Explanation
Why B — Treasury notes
Treasury notes (T-notes) mature in 2 to 10 years and pay interest semiannually. Bills are short-term, bonds mature in more than 10 years, and TIPS are inflation-protected but may have different maturities.
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