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SIE: Debt Securities
SIE practice questioneasyTreasury Securities - STRIPS

Which U.S. Treasury security represents the principal or interest components of a Treasury bond separated for individual resale?

  1. ASTRIPS✓ Correct answer
  2. BTIPS
  3. CT-bill
  4. DAgency bond
Explanation

Why ASTRIPS

STRIPS are separate trading of registered interest and principal securities. TIPS are inflation-protected, T-bills are short-term, and agency bonds are not Treasury securities.

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