CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

Which of the following statements about treasury bills is not true?
A. Treasury bills have maturities less than a year and do not pay any coupons.
B. Treasury bills are generally issued at par.
C. Treasury bills have no credit risk.

User Contributed Comments 5

User Comment
chenyx T-bills do not pay any coupon;have maturitiess less than one year;have no credit risk.
tcole135 They are issued at a discount
DonCap Think of the $1,000 Treasury Bills you used to see in movies...
Joel1980 No credit risk, you have to love theory!
ecapocas Yes but...There's another question in this section that specifically disabused the notion that there's no credit risk on T-bills. The curriculum contradicts itself on a few points.
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