All of the following are true of Treasury securities, except they
A) are a means by which the U.S. government lends money.
B) have a maturity range up to 30 years.
C) have a minimum par value of $100.
D) can be bought and sold on the secondary market.

Question

Quizplus · Accepted Answer

Treasury securities are not a means by which the U.S. government lends money; rather, they are a means for the government to borrow money from investors.

All of the Following Are True of Treasury Securities, Except