首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
To finance the national debt, the government issues a variety of debt securities. The most widely held liquid security is the Tr
To finance the national debt, the government issues a variety of debt securities. The most widely held liquid security is the Tr
admin
2011-01-26
146
问题
To finance the national debt, the government issues a variety of debt securities. The most widely held liquid security is the Treasury bill, which is commonly issued by the ministry of finance. However, some Treasury bills, like the Treasury bill of the U. S. government, do not actually pay interest. Instead they are issued at a discount from par (their value at maturity). The investor’s yield comes from the increase in the value of the security between the time it was pm, chased and the time it matures.
Treasury bills are attractive to investors because they are backed by the government and therefore are virtually free of default risk. Because even if the government ran out of money, it could simply print more to pay them off when they mature. The risk of unexpected changes in inflation is also low because of the short term to maturity. The markets for Treasury bills in most developed countries are deep and liquid. A deep market is one with many different buyers and sellers. A liquid market is one in which securities can be bought and sold quickly and with low transaction costs. Investors in markets that are deep and liquid have little risk that they will not be able to sell their securities when they want to.
reasury bills are short - term and virtually free of default risk.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/xkYd777K
0
初级(银行综合类)
原金融专业英语(FECT)
金融英语(FECT)
相关试题推荐
[A]telephone[B]dictionary[C]kitchen[D]medicine[E]stamp[F]market[G]farm
December41isChristmasDay.Christmasisanirnportant(重要的)holiday42theUnited43.44thisday,mostfamiliesgettogether
Doyouknow______peopleinthebusiness?
YOURBUILDINGSERVICE√Wehelppeopleinthispartofthecityby:*checkingallplans(方案)beforepeoplebuildnewhousesorm
[A]bridge[B]supermarket[C]radio[D]map[E]book[F]letter[G]busPeopleservethemselveswithfoodandgoodsthere.
Indiansalwaysshake(摇)theirheads(Example:0)theytalktoothers.【C1】______doesnothavethesamemeaning【C2】______"no".Ifsom
Mr.Wanglefthomeearlierinordertocatchthebus.Mr.Wanglefthomeearliersoas______thebus.
TheCapitalAirporthasbeeninusefor20years.TheCapitalAirportwasbuilt______.
Correspondentbankingfacesaproblemofdefinition.Fiveyearsagothebusinesswaspreoccupiedwithelectronicfundstransfer.
abbreviations,overseas,addressee,efficient,punctuation,hyphenated,telegraphic,brief,minimum,urgentAtelegramsent
随机试题
A.心电图B.201Tl-心肌显像C.PETD.冠状动脉造影可显示心肌缺血灶部位和范围的检查方法是
A.大鼠B.小鼠C.豚鼠D.家兔E.狗皮肤过敏试验首选的实验动物是
下列除去药液中的热原方法,错误的是()。
在商品流通企业财务管理目标中,每股盈余最大化目标与利润最大化目标的不同之处在于()。
在课程教学评价中,教师设计的评价表中包含了“自评”和“他评”部分,这里体现的评价思想是()。
读下面“洋流模式图”,回答问题。图中①②③④四处,盐度最高的是()。
依次填入下面一段文字中①至⑥处的正确标点符号:最近英国《新科技》杂志原著名主编、科技发明报道专家麦克.普鲁斯先生得出结论①“汉语将成为声控计算机的第一语言②并说③“我坚信,总有一天,全世界的人们将必修汉语,因为清晰可辨的具有独立音节的汉语语音最适
【2011南京航空航天大学论述题第2题】试述对公司价值评估三种主要方法进行比较。
在36人中,血型情况如下:A型12人,B型10人,AB型8人.O型6人.若从中随机选出两人,则两人血型相同的概率是().
使用VC6打开考生文件夹下的源程序文件modi2.cpp。阅读下列函数说明和代码,完成空出部分的程序。函数func(intA[NUM],intn)实现的功能是将数组的内容进行一次重新排序。排序的方法是:给定n,则下标为i的数字与下标为n-i的数字交换。
最新回复
(
0
)