Which of the following is a TRUE statement regarding Treasury Bills?

A T-Bills are non-callable and are issued at par

B T-Bills are non-callable and are issued at a discount

C T-Bills are callable and are issued at a discount

D T-Bills are non-callable and are issued at premium

Question

Business

Ringo

8 October, 11:48

Which of the following is a TRUE statement regarding Treasury Bills?

A T-Bills are non-callable and are issued at par

B T-Bills are non-callable and are issued at a discount

C T-Bills are callable and are issued at a discount

D T-Bills are non-callable and are issued at premium

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Answers (1)

Know the Answer?

Maryjane Burke · Answer 1

Answer: C T-bill are callable and are issued at a discount.

Explanation:

Treasury bill are issued by government to control the amount of money in circulation, they can be issued at par, discount or premium and they are callable

Which of the following is a TRUE statement regarding Treasury Bills?A T-Bills are non-callable and are issued at parB T-Bills are non-callable and are issued at a discountC T-Bills are callable and are issued at a discountD T-Bills are non-callable and are issued at premium

Which of the following is a TRUE statement regarding Treasury Bills?

A T-Bills are non-callable and are issued at par

B T-Bills are non-callable and are issued at a discount

C T-Bills are callable and are issued at a discount

D T-Bills are non-callable and are issued at premium