Asked by Steven McCoy on May 10, 2024

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Which of these are short-term securities issued by the U.S.Treasury and backed by the full faith and credit of the U.S.government?

A) Treasury bills
B) CDs
C) Commercial paper
D) Bonds

Treasury Bills

Short-term government securities issued at a discount from the face value, maturing in one year or less, used as a tool for managing national finance.

U.S. Treasury

The federal department responsible for managing government revenue, issuing currency, and executing fiscal policy in the United States.

  • Explain the characteristics and purposes of U.S. Treasury securities.
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TM
The mail blastMay 16, 2024
Final Answer :
A
Explanation :
Treasury bills (T-bills) are short-term securities issued by the U.S. Treasury. They are backed by the full faith and credit of the U.S. government, making them one of the safest investments. CDs (Certificates of Deposit) are issued by banks, commercial paper is a short-term debt instrument issued by corporations, and bonds can be issued by various entities and typically have longer maturities than T-bills.