首页
登录
职称英语
To finance the national debt, the government issues a variety of debt securi
To finance the national debt, the government issues a variety of debt securi
游客
2025-06-20
22
管理
问题
To finance the national debt, the government issues a variety of debt securities. The most widely held liquid security is the Treasury bill, which is commonly issued by the ministry of finance. However, some Treasury bills, like the Treasury bill of the U.S. government, do not actually pay interest. Instead they are issued at a discount from par ( their value at maturity) . The investor’s yield comes from the increase in the value of the security between the time it was purchased and the time it matures.
Treasury bills are attractive to investors because they are backed by the government and therefore are virtually free of default risk. Because even if the government ran out of money, it could simply print more to pay them off when they mature. The risk of unexpected changes in inflation is also low because of the short term to maturity. The markets for Treasury bills in most developed countries are deep and liquid. A deep market is one with many different buyers and sellers. A liquid market is one in which securities can he bought and sold quickly and with low transaction costs. Investors in markets that are deep and liquid have little risk that they will not be able to sell their securities when they want to. [br] Treasury bills are short-term and virtually free of default risk.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
A
解析
第二段提到because they are backed by…of the short term to maturity。
转载请注明原文地址:http://tihaiku.com/zcyy/4126356.html
相关试题推荐
Tofinancethenationaldebt,thegovernmentissuesavarietyofdebtsecuri
Tofinancethenationaldebt,thegovernmentissuesavarietyofdebtsecuri
Therearethreewaysinwhichabankermaytakesecurityforanadvance:______.
Bankswithlargeinternationalcreditslimittheirconcentrationsofloansi
Bankswithlargeinternationalcreditslimittheirconcentrationsofloansi
Bondisaninterest-bearinggovernmentorcorporatesecuritythatobligatesthe
TheavailableresourcesfortheIMFtofinancelendingare______.A、goldreserve
Aderivativeisasecuritywhich"derives"itsvaluefromanotherunderlying
Aderivativeisasecuritywhich"derives"itsvaluefromanotherunderlying
Aderivativeisasecuritywhich"derives"itsvaluefromanotherunderlying
随机试题
Whatwillbetheimpactofaglobalcomputernetworkonculturalforms?The
DNS服务器中提供了多种资源记录,其中( )定义了区域的邮件服务器及其优先级。
Ⅰ型变态反应中,特异性IgE抗体吸附在A.浆细胞嗜碱细胞 B.浆细胞嗜酸细胞
某市承办国际服装节,需要开发网站进行宣传。系统集成企业M公司中标 站开发项目。
在一次力量训练课中,为了使各部位肌肉都得到有效发挥,合理的练习顺序是()。A.先
有限合伙企业的设立应具备()。A.1名有限合伙人设立,1名普通合伙人 B.1
正常粪便中水分约占A.1/4 B.1/2 C.3/4 D.1/3 E.1
某妇女,40岁,入院行经腹腔镜绝育术,术前护士发现以下哪种情况,应及时通知医生,
(2017年真题)在《中华人民共和国担保法》规定的法定范围内,实现债权费用一般包
假定某人持A公司的优先股,每年可获得优先股股利3000元,若年利率为5%,则该优
最新回复
(
0
)