Treasury bills ________.

Question

Quizplus · Accepted Answer

Treasury bills are typically issued at a discount from the face amount, meaning that they are sold for less than their face value and do not pay periodic interest payments. They are short-term securities with maturities ranging from a few days to 52 weeks, and are generally considered to be low-risk investments. Treasury bills are issued by the US Treasury and are backed by the full faith and credit of the US government. They are not issued for more than one year, and do not pay interest semiannually or monthly.

Treasury Bills ________