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ICMA FMFQ Exam - Topic 3 Question 95 Discussion

Which money market instrument is supported in the secondary market by primary dealers?
C) T-bill
A) Deposits
B) Commercial paper
D) Corporate bond

ICMA FMFQ Exam - Topic 3 Question 95 Discussion

Actual exam question for ICMA's FMFQ exam
Question #: 95
Topic #: 3
[All FMFQ Questions]

Which money market instrument is supported in the secondary market by primary dealers?

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Suggested Answer: C

by Tijuana at May 15, 2026, 09:16 PM

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Delpha
5 days ago
Really? I always thought commercial paper had more support.
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Rozella
10 days ago
T-bills are the right answer, no doubt!
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Willard
15 days ago
I thought it was corporate bonds?
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Kenia
20 days ago
Definitely T-bills, they’re super liquid!
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Erick
25 days ago
I believe the answer is C) T-bill, but I might be mixing it up with commercial paper. Need to double-check my notes!
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Verona
1 month ago
I’m confused because I thought corporate bonds were also traded in the secondary market, but I can't recall if primary dealers support them.
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Marti
1 month ago
I feel like we practiced a similar question about money market instruments, and T-bills were definitely mentioned as a key example.
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Allene
3 months ago
I think I remember that T-bills are often supported by primary dealers in the secondary market, but I'm not entirely sure.
upvoted 0 times
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