Treasury bills are sold on a ________ where price is set below face value.

Question

Quizplus · Accepted Answer

Treasury bills are sold at a discount from their face value, which means that their price is set below face value. This discount is often expressed in terms of a discount yield, which represents the percentage difference between the purchase price and the face value. The other options listed are not directly related to the pricing of Treasury bills.

Treasury Bills Are Sold on a ________ Where Price Is