Treasury bills are:

Name: Treasury bills are:
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Question

Treasury bills are:

Quizplus · Accepted Answer

Treasury bills are short-term debt securities issued by the government. They are typically issued on a discount basis, meaning that they are sold at a discount from their face value (or par value) and do not pay a fixed annual interest rate. Instead, the interest earned is the difference between the purchase price and the par value at maturity. Therefore, B is the correct answer as Treasury bills are issued on a discount basis and mature at par.

Treasury Bills Are