entral Bank of Oman on behalf of the Oman Government raised OMR 13 million by way of treasury bills on 16th September 2020. Which of the following is not true about Treasury Bills
entral Bank of Oman on behalf of the Oman Government raised OMR 13 million by way of treasury bills on 16th September 2020. Which of the following is not true about Treasury Bills
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Central Bank of Oman on behalf of the Oman Government raised OMR 13 million by way of treasury bills on 16th September 2020. Which of the following is not true about Treasury Bills?
a.
Treasury Bills can be issued by companies having good credit rating
b.
Treasury Bills are short-term borrowing instruments
c.
Treasury Bill are issued at discount to the face value on maturity
d.
Treasury Bill have greater liquidity than other bills
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