The most recently issued Treasury securities are called
A) on the run.
B) off the run.
C) on the market.
D) off the market.
E) None of the options are correct.

Question

Quizplus · Accepted Answer

The most recently issued Treasury securities are referred to as "on the run." These are the newest issues of a particular maturity and tend to be the most liquid and have the lowest yields compared to older, "off the run" securities.

The Most Recently Issued Treasury Securities Are Called