Treasury bills (T-bills) are
A)long-term debt instruments with maturities of 6 to 24 months.
B)long-term debt instruments with maturities of 3 to 12 months.
C)short-term debt instruments with maturities of 4 weeks to 12 months.
D)short-term debt instruments with maturities of 6 to 24 months.

Question

Quizplus · Accepted Answer

Treasury bills (T-bills) are short-term debt instruments issued by the U.S. government with maturities of 4 weeks to 12 months. Therefore, option C is the correct choice. Options A, B, and D are incorrect because they all suggest that T-bills have longer-term maturities, which is not the case.

Treasury Bills (T-Bills) Are