Which of the following is not true about US treasury bills?
A)they are issued at a discount
B)they are money market instruments
C)they are issued in denominations of $1,000 to $1,000,000
D)they are general obligations of the US government

Question

Quizplus · Accepted Answer

they are issued in denominations of $1,000 to $1,000,000. Remember, the question asks what is "not" true. The smallest denomination for a US treasury bill is $10,000.

Which of the Following Is Not True About US Treasury