Obligations that are issued by US governments and are obligated for short term are classified as
A. bankers treasury
B. treasury bills
C. treasury funds
D. secured treasury
Answer: Option B
Solution(By Examveda Team)
Obligations that are issued by US governments and are obligated for short term are classified as treasury bills. Treasury Bills, also known as T-bills are the short-term money market instrument, issued by the central bank on behalf of the government to curb temporary liquidity shortfalls. These do not yield any interest, but issued at a discount, at its redemption price, and repaid at par when it gets matured.Related Questions on International Finance and Treasury
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