SIE practice questioneasyTreasury Securities
Which U.S. Treasury security is issued at a discount and matures in one year or less?
- ATreasury bill (T-bill)✓ Correct answer
- BTreasury note (T-note)
- CTreasury bond (T-bond)
- DTreasury Inflation-Protected Security (TIPS)
Explanation
Why A — Treasury bill (T-bill)
T-bills are short-term securities issued at a discount, maturing within a year. Notes and bonds have longer maturities; TIPS have inflation protection.
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