Which one of the following is a short-term debt instrument issued by the U.S. Treasury?
A)Freddie Mac
B)Ginnie Mae
C)T-note
D)T-bill
E)T-bond

Question

Quizplus · Accepted Answer

T-bills, also known as Treasury bills, are short-term debt instruments issued by the U.S. Treasury with maturities ranging from a few days to 52 weeks. They are considered one of the safest investments in the world because they are backed by the full faith and credit of the U.S. government. Freddie Mac and Ginnie Mae are government-sponsored entities that deal primarily in mortgages, while T-notes and T-bonds are longer-term debt instruments issued by the U.S. Treasury.

Which One of the Following Is a Short-Term Debt Instrument