Question 17
Financial InstitutionsA government treasury bill is a form of debt instrument which falls due for repayment after
- A.3 months
- B.9 months
- C.2 years
- D.5 years
- E.10 or more years.
Show the answer and explanation
Answer: A (3 months)
Explanation
Treasury bills are short-term government borrowing, usually repaid after 91 days (3 months).