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Finra Exam Series-7 Topic 3 Question 111 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 111
Topic #: 3
[All Series-7 Questions]

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

Show Suggested Answer Hide Answer
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.


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

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Veta
30 days ago
Haha, I bet the government wishes they could issue bills in the millions! But C is the right answer here.
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Dianne
1 months ago
I'm going with A. Treasury bills are issued at a discount from their face value, not at par.
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Dorthy
2 days ago
Yes, that's true. Treasury bills are considered money market instruments.
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Harrison
3 days ago
B) they are money market instruments
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Isabelle
16 days ago
That's correct. Treasury bills are indeed issued at a discount.
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Sabra
16 days ago
User 3: So, A is the correct answer then.
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Marta
20 days ago
A) they are issued at a discount
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Oneida
20 days ago
User 2: Yes, that's right. They are sold for less than their face value.
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Dino
30 days ago
User 1: I think A is correct. Treasury bills are issued at a discount.
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Jose
2 months ago
B and C seem correct to me. Treasury bills are definitely money market instruments and are issued in those denominations.
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Laurene
16 days ago
C) they are issued in denominations of $1,000 to $1,000,000
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Ines
18 days ago
B) they are money market instruments
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Gracia
27 days ago
A) they are issued at a discount
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Boris
1 months ago
D) they are general obligations of the US government
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Billy
1 months ago
A) they are issued at a discount
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Anglea
2 months 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.
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Glenn
1 months ago
User 3: I agree with Glenn, the answer is C. Treasury bills are not issued in denominations of $1,000 to $1,000,000.
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Kent
1 months ago
User 2: Actually, the correct answer is C. Treasury bills are issued in denominations of $1,000 to $1,000,000.
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Johna
2 months ago
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.
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Mozell
2 months ago
I'm not sure, but I think B) they are money market instruments could also be a possible answer.
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Derick
2 months ago
I disagree, I believe the correct answer is D) they are general obligations of the US government.
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Josphine
2 months ago
I think the answer is C) they are issued in denominations of $1,000 to $1,000,000.
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