The largest of all money market borrowers worldwide is:
A) Dai-Ichi Kangyo Bank, the largest international bank
B) General Motors Acceptance Corporation
C) The U.S. Treasury
D) The Federal Reserve System
E) None of the above

Question

Quizplus · Accepted Answer

The U.S. Treasury is the largest of all money market borrowers worldwide, primarily due to its need to fund the national debt and cover budget deficits. It does so by issuing various types of securities, such as Treasury bills, notes, and bonds, which are considered very safe investments.

The Largest of All Money Market Borrowers Worldwide Is