A government security issued in minimum units of $100 with maturities that are one year or less is called a:
A)subordinated bond.
B)Treasury bill.
C)Treasury note.
D)Treasury bond.
E)savings bond.

Question

Quizplus · Accepted Answer

Treasury bills (T-bills) are short-term government securities issued at a discount from their face value and mature in one year or less, making them the correct answer.

A Government Security Issued in Minimum Units of $100 with Maturities