Which of the following provides an important source of funding for the Australian Commonwealth Government?
A)Certificate of deposit
B)Treasury notes
C)Eurodollar deposits
D)Commercial paper

Question

Quizplus · Accepted Answer

Treasury notes are a form of government debt securities that are issued by the Australian Commonwealth Government to fund its activities. These securities have a fixed interest rate and maturity date, making them attractive to investors looking for a stable return on investment. This makes B) the correct choice as the most important source of funding for the Australian Commonwealth Government.

Which of the Following Provides an Important Source of Funding