hich of the following is not a correct statement? ST US govt debt instrument is called Treasury bill. LT US govt debt instrument includes Treasury note with maturity up to 10 years and Treasury bond with maturity up to 30 years. ST refers to maturity up to 3 years. LT corporate debt instrument is called corporate bond. Bond is the term for LT debt instruments in general.
QUESTION 18
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Which of the following is not a correct statement?
ST US govt debt instrument is called Treasury bill.
LT US govt debt instrument includes Treasury note with maturity up to 10 years and Treasury bond with maturity up to 30 years.
ST refers to maturity up to 3 years.
LT corporate debt instrument is called corporate bond.
Bond is the term for LT debt instruments in general.
A debt instrument is a financial instrument that represents a loan or an IOU from the issuer to the holder. The issuer of a debt instrument is typically a government, municipality, corporation, or other entity that borrows money from investors and promises to pay interest and return the principal at a later date. Examples of debt instruments include bonds, Treasury bills, notes, and commercial paper. These instruments pay a fixed or variable rate of interest to the holder, and the principal amount is usually repaid at maturity. They are generally considered to be less risky investments than stocks, but they also typically have lower returns.
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