A U.S. Treasury bill has which of the following characteristics?
A)short-term debt
B)sells at a discount
C)is very liquid and very safe
D)All of the above are characteristics of a Treasury bill.

Question

Quizplus · Accepted Answer

A Treasury bill is a short-term debt instrument issued by the U.S. Treasury, typically with a maturity of less than one year. It is also sold at a discount, meaning that an investor can purchase it for less than its face value and then receive the full value at maturity. Treasury bills are considered to be very liquid and very safe investments, as they are backed by the full faith and credit of the U.S. government. Therefore, all of the above options are characteristics of a Treasury bill.

A US Treasury Bill Has Which of the Following Characteristics