Which of the following money market investments is a short-term debt obligation of the Canadian government?
A)Treasury bills
B)repurchase agreement
C)commercial paper
D)certificates of deposit
E)banker's acceptance

Question

Quizplus · Accepted Answer

Treasury bills are short-term debt obligations issued by the Canadian government to finance its operations, with maturities ranging from a few days to one year. They are low-risk investments and are widely used by individuals, institutions, and the government itself as a way to manage their cash holdings. Repurchase agreements, commercial paper, certificates of deposit, and banker's acceptances are also money market investments, but they are not direct obligations of the Canadian government.

Which of the Following Money Market Investments Is a Short-Term