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Basic Question 0 of 4

The secondary market for Treasury securities is ______.

A. an over-the-counter market where a group of U.S. government securities dealers continually offer continuous bid prices on outstanding Treasuries
B. an under-the-counter market where a group of U.S. government securities dealers continually offer continuous bid and ask prices on outstanding Treasuries
C. an over-the-counter market where a group of U.S. government securities dealers continually offer continuous bid and ask prices on outstanding Treasuries

User Contributed Comments 4

User Comment
2014 If u read too fast and pay not enough attention, risk of selecting answer A
jonan203 lol, under-the-counter...
gill15 That is hilarious. Dude you want this security...shhh....just dont tell anybody...
enetis under the counter... thanks for the comedic relief.
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Learning Outcome Statements

contrast the issuance and trading of government and corporate fixed-income instruments

CFA® 2024 Level I Curriculum, Volume 4, Module 5.