Which of the following statements is true?
A)The issuers of Treasury Notes are local governments.
B)The issuers of Treasury Notes are state governments.
C)The issuer of Treasury Notes is the Australian federal government.
D)The issuers of Treasury Notes are corporations.

Question

Quizplus · Accepted Answer

The issuer of Treasury Notes in Australia is the federal government, specifically the Australian Office of Financial Management (AOFM). Treasury Notes are short-term debt securities issued by the government to fund its operations and manage its cash flow. Local governments, state governments, and corporations do not issue Treasury Notes.

Which of the Following Statements Is True