Money market instruments issued by the U.S.Treasury are called

Question

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Money market instruments are typically short-term debt securities with a maturity of one year or less. Treasury bills are issued by the U.S. Treasury and are sold at a discount to their face value, with the difference between the purchase price and the face value representing the interest earned. Treasury notes and Treasury bonds are longer-term debt securities, with maturities ranging from two to thirty years. Treasury strips are created by separating the interest payments and principal of a Treasury bond or note into individual securities that can be bought and sold separately.

Money Market Instruments Issued by the U