CFA Practice Question

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CFA Practice Question

Off-the-run Treasury securities are ______.

I. the most recently issued securities in a maturity range
II. also called the current issue
III. securities that are replaced by on-the-run securities
Correct Answer: III

User Contributed Comments 3

User Comment
sarath Then what is the welloff the run treasury securities
alki those are the ones replaced several times by on the run secs.
Inaganti6 Usain Bolt might know a bit about these runs
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