📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    ⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    Question

    Which of the following statements is true about Treasury

    Bills (T-Bills)?
    A They pay interest semiannually Correct Answer Incorrect Answer
    B They are issued at a premium Correct Answer Incorrect Answer
    C They are zero coupon securities Correct Answer Incorrect Answer
    D They are long term securities Correct Answer Incorrect Answer
    E They are issued by private corporations Correct Answer Incorrect Answer

    Solution

      T Bills are zero coupon securities issued at a discount and redeemed at face value, providing an implied interest yield.

    Practice Next
    ask-question