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    Question

    On-the-run government securities are the ones that are

    _____
    A Most recently issued securities Correct Answer Incorrect Answer
    B Old securities Correct Answer Incorrect Answer
    C Risky securities Correct Answer Incorrect Answer
    D Both b and c Correct Answer Incorrect Answer
    E Issued by bankrupt governments Correct Answer Incorrect Answer

    Solution

    On-the-run government securities are  the most recently issued securities. These are mostly used in reference to U.S. Treasury bonds or notes of a particular maturity. On-the-run Treasuries are the opposite of "off-the-run" Treasuries, which refer to Treasury securities that have been issued before the most recent issue and are still outstanding.

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