In treasury bills auction, treasury bills are sold at
A. premium basis
B. discount basis
C. competitive basis
D. federal basis
Answer: Option B
Solution (By Examveda Team)
In treasury bills auction, treasury bills are sold at discount basis. Treasury bills are sold at a discount to the par value. It is a static value determined at the time of issuance and, unlike market value, it doesn't fluctuate on a regular basis., which is its actual value.This Question Belongs to Management >> International Finance And Treasury
Join The Discussion