Bubba plans to borrow some money and pledge securities as collateral. Which of the following can he not use as collateral?
A)Series EE bonds
B)US treasury bills
C)US treasury notes
D)US treasury bonds

Question

Quizplus · Accepted Answer

Series EE bonds. Because Series EE bonds are not negotiable, they have no collateral value. They cannot be sold back to the US government.

Bubba Plans to Borrow Some Money and Pledge Securities as Collateral