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Basic Question 2 of 9
Which of the following statements about U.S. Treasury securities is false?
B. Treasury notes have a maturity of 10 years or less.
C. Treasury notes pay face value at maturity.
D. Treasury bonds are short-term obligations.
A. Treasury bills are sold on a discount basis.
B. Treasury notes have a maturity of 10 years or less.
C. Treasury notes pay face value at maturity.
D. Treasury bonds are short-term obligations.
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Learning Outcome Statements
describe funding choices by sovereign and non-sovereign governments, quasi-government entities, and supranational agencies
CFA® 2024 Level I Curriculum, Volume 4, Module 5.