Q415
Treasury bills are issued to raise significant amount of funds by
A.
US treasury
AnswerB.
Australian treasury
C.
Swiss treasury
D.
functional treasury
Answer: Option A
Solution
Answer: Option A
Solution:
Treasury bills are issued to raise significant amount of funds by US treasury. A Treasury Bill (T-Bill) is a short-term U.S. government debt obligation backed by the Treasury Department with a maturity of one year or less.