- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 5. Fixed-Income Markets for Government Issuers
- Subject 2. Sovereign Debt Issuance and Trading
CFA Practice Question
The secondary market for Treasury securities is ______.
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
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
Correct Answer: C
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. |