What is the name of a government security that is sold in minimum units of $100 and has maturities that may be as long as one year?
A) Series EE savings bond
B) U.S.savings bond
C) Treasury bond
D) Treasury note
E) Treasury bill

Question

Quizplus · Accepted Answer

The security described is a Treasury bill, also known as T-bill. T-bills are short-term government securities with maturities ranging from a few days to one year, and they are sold in minimum units of $100. The other options listed (Series EE savings bond, U.S. savings bond, Treasury bond, and Treasury note) have longer maturities and are typically sold in larger denominations.

What Is the Name of a Government Security That Is