Special Treasury bills are government securities that cannot be transferred between persons or institutions and must be redeemed with the U.S. government,

Question

Quizplus · Accepted Answer

Special Treasury bills can be transferred between persons or institutions; they are not restricted to redemption with the U.S. government alone. The transferability of Treasury bills, including special ones, allows for a secondary market where these securities can be bought and sold among investors.

Special Treasury Bills Are Government Securities That Cannot Be Transferred