Question

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

Answer 1

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

Step-by-step 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