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Finra Series-7 Exam - Topic 3 Question 111 Discussion

Posted by Ciara on May 02, 2025 at 07:11 PM

Which of the following is not true about US treasury bills?

Suggested Answer: C

they are issued in denominations of $1,000 to $1,000,000. Remember, the question asks what is ''not'' true. The smallest denomination for a US treasury bill is $10,000.


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39 comments · newest first
IS
Isaac 10 months ago
Wait, are they really general obligations?
AL
Alyce 11 months ago
C seems off, they don’t go that high.
KA
Katina 11 months ago
Totally agree, B is correct!
IV
Ivan 11 months ago
I thought they were only $1,000 to $100,000.
CA
Cassie 11 months ago
They are definitely issued at a discount.
VI
Viola 12 months ago
I’m a bit confused about C; I thought they were issued in smaller denominations, like $1,000, but I can't recall the exact details.
FR
Freeman 12 months ago
I feel like I’ve seen a question about treasury bills before, and I think they are general obligations, so D might be true.
LE
Lelia 1 year ago
I think B is correct too, since they are classified as money market instruments, but I'm not sure about the denominations.
DA
Dana 1 year ago
I remember studying that treasury bills are indeed issued at a discount, so A seems true.
RE
Rebbecca 1 year ago
Ah, I remember now! Treasury bills are general obligations of the US government, so that must be the correct answer. I feel good about this one.
IS
Isadora 1 year ago
Okay, let me think this through. Treasury bills are issued in denominations of $1,000 to $1,000,000, so that can't be the answer. I'm leaning towards D, but I'll double-check the other options.
DO
Doug 1 year ago
Hmm, I'm a bit unsure about this. I know treasury bills are money market instruments, but I'm not sure if that's the correct answer here.
LE
Lenora 1 year ago
I'm pretty confident about this one. Treasury bills are issued at a discount, so that's not the right answer.
VE
Veta 1 year ago
Haha, I bet the government wishes they could issue bills in the millions! But C is the right answer here.
DI
Dianne 1 year ago
I'm going with A. Treasury bills are issued at a discount from their face value, not at par.
ST
Stefanie 1 year ago
↳ replying to Dianne
Correct. Treasury bills are general obligations of the US government.
AL
Aleta 1 year ago
↳ replying to Dianne
D) they are general obligations of the US government
RE
Reuben 1 year ago
↳ replying to Dianne
That's right. Treasury bills are issued in various denominations.
MA
Maryrose 1 year ago
↳ replying to Dianne
C) they are issued in denominations of $1,000 to $1,000,000
DO
Dorthy 1 year ago
↳ replying to Dianne
Yes, that's true. Treasury bills are considered money market instruments.
HA
Harrison 1 year ago
↳ replying to Dianne
B) they are money market instruments
IS
Isabelle 1 year ago
↳ replying to Dianne
That's correct. Treasury bills are indeed issued at a discount.
SA
Sabra 1 year ago
↳ replying to Dianne
User 3: So, A is the correct answer then.
MA
Marta 1 year ago
↳ replying to Dianne
A) they are issued at a discount
ON
Oneida 1 year ago
↳ replying to Dianne
User 2: Yes, that's right. They are sold for less than their face value.
DI
Dino 1 year ago
↳ replying to Dianne
User 1: I think A is correct. Treasury bills are issued at a discount.
JO
Jose 1 year ago
B and C seem correct to me. Treasury bills are definitely money market instruments and are issued in those denominations.
LA
Laurene 1 year ago
↳ replying to Jose
C) they are issued in denominations of $1,000 to $1,000,000
IN
Ines 1 year ago
↳ replying to Jose
B) they are money market instruments
GR
Gracia 1 year ago
↳ replying to Jose
A) they are issued at a discount
BO
Boris 1 year ago
↳ replying to Jose
D) they are general obligations of the US government
BI
Billy 1 year ago
↳ replying to Jose
A) they are issued at a discount
AN
Anglea 1 year ago
I think the answer is D. Treasury bills are not general obligations of the US government, they are backed by the full faith and credit of the government.
GL
Glenn 1 year ago
↳ replying to Anglea
User 3: I agree with Glenn, the answer is C. Treasury bills are not issued in denominations of $1,000 to $1,000,000.
KE
Kent 1 year ago
↳ replying to Anglea
User 2: Actually, the correct answer is C. Treasury bills are issued in denominations of $1,000 to $1,000,000.
JO
Johna 1 year ago
↳ replying to Anglea
User 1: I think the answer is D. Treasury bills are not general obligations of the US government, they are backed by the full faith and credit of the government.
MO
Mozell 1 year ago
I'm not sure, but I think B) they are money market instruments could also be a possible answer.
DE
Derick 2 years ago
I disagree, I believe the correct answer is D) they are general obligations of the US government.
JO
Josphine 2 years ago
I think the answer is C) they are issued in denominations of $1,000 to $1,000,000.
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