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28 June, 07:40

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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  1. 28 June, 08:02
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    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
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