Which of the following statements is true?
A) The issuers of Treasury notes are local governments.
B) The issuers of Treasury notes are state governments.
C) The issuer of Treasury notes is the Australian federal government.
D) The issuers of Treasury notes are corporations.

Question

Quizplus · Accepted Answer

The issuer of Treasury notes is the Australian federal government. Treasury notes are short-term investments issued by the Australian government that mature in less than one year. They are used to help finance the government's short-term borrowing needs.

Which of the Following Statements Is True