Which of the following statements is not true with regard to Treasury bills?
A)Are issued in the form of a promissory note.
B)They are highly liquid and have assured yield
C)They carry high risk of default.
D)They are available for a minimum amount of ?25,000 and in multiples thereof.

Question

Quizplus · Accepted Answer

Treasury bills are considered one of the safest investments because they are backed by the government, hence they carry a very low risk of default, not a high risk.

Which of the Following Statements Is Not True with Regard