Federal obligations usually issued for maturities of two to five ten years are called:
A)Treasury bonds
B)Treasury notes
C)Treasury bills
D)Agency issues
E)none of the above

Question

Quizplus · Accepted Answer

Treasury notes are federal obligations with maturities of two to five years, making this the best choice among the options given. Treasury bonds have maturities of 10 to 30 years, while Treasury bills have maturities of less than one year. Agency issues refer to securities issued by government-sponsored enterprises like Fannie Mae or Freddie Mac, which are not directly backed by the full faith and credit of the U.S. government.

Federal Obligations Usually Issued for Maturities of Two to Five