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
2025-06-21
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 pm, chased 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 be 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] nvestors in deep and liquid markets face immense risk that they will not be able to sell their securities when they want to.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
B
解析
转载请注明原文地址:http://tihaiku.com/zcyy/4128200.html
相关试题推荐
Whatisthesafestwayofsecuringsettlementforexporter?L/C
Analyzingthe"security"—thefactorthatbanksemploytoconsidertheloangrant
Explain:"Equalincreasesingovernmentspendingandtaxrevenuesofndollarsw
Whatmonetarypolicytoolscanagovernmentusetocontrolmoneysupply?Acentra
Abridgingloanisaloanagreementunderwhichfinanceisrequiredinconnectio
Tofinancethenationaldebt,thegovernmentissuesavarietyofdebtsecuri
Internationaltradealwayscreatestheneedforforwardoperations,ifthee
Theinternationalpaymentssystemofthebuyer’scountryisnotbeinghamperedb
Government-to-governmentbilateralloansaregenerallyintheformofgrants
They’llnevergetamortgage;they’rebad______.A、risksB、mortgagesC、finance
随机试题
Inthecaseofmobilephones,changeiseverything.Recentresearchindicate
WhenMomandDadGrowOldTheprospectoftalkingto
下列关于房屋建筑施工图的图示特点和制图有关规定的说法中,错误的是()。A.由于房
基金从业资格的科目包括( )。 Ⅰ.《基金法律法规、职业道德与业务规范》
安装在阻燃场所的计算机检测和控制装置,其仪表电缆通常采用()。A、YVV B
聚异丁烯A.控释膜材料B.骨架材料C.压敏胶D.背衬材料^E.药库材料下列材料分
以下内容不属于带电检测异常分析报告的是()(A)检测标准(B)检测日期
海明威的小说()获得了1954年诺贝尔文学奖。 A.《老人与海》B.《
某工程合同总收入8000万元,本期末止累计完成工程进度80%,上年完成工程进度
于砌体工程质量验收的说法,正确的有()。A.施工现场砌块应按品种、规格堆放
最新回复
(
0
)