Interest rates higher than those offered through private banks are available to individuals investing long- and short-term investment vehicles.The interest rate will vary considerably depending on the source, but there is a national indicator often used as a benchmark in rate making.Identify it.

Question

Quizplus · Accepted Answer

Treasury bills are often used as a benchmark for interest rates because they are considered risk-free and reflect the government's borrowing cost.

Interest Rates Higher Than Those Offered Through Private Banks Are