πŸ“Š Financial Markets and Institutions
Q. Which of the following statements is not true with regard to Treasury bills?
  • (A) Are issued in the form of a promissory note.
  • (B) They are highly liquid and have assured yield
  • (C) They carry high risk of default.
  • (D) They are available for a minimum amount of β‚Ή25,000 and in multiples thereof.
πŸ’¬ Discuss
βœ… Correct Answer: (C) They carry high risk of default.

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