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Basic Question 3 of 4
The secondary market for Treasury securities is ______.
B. an under-the-counter market where a group of U.S. government securities dealers continually offer continuous bid and ask prices on outstanding Treasuries
C. an over-the-counter market where a group of U.S. government securities dealers continually offer continuous bid and ask prices on outstanding Treasuries
A. an over-the-counter market where a group of U.S. government securities dealers continually offer continuous bid prices on outstanding Treasuries
B. an under-the-counter market where a group of U.S. government securities dealers continually offer continuous bid and ask prices on outstanding Treasuries
C. an over-the-counter market where a group of U.S. government securities dealers continually offer continuous bid and ask prices on outstanding Treasuries
User Contributed Comments 4
| User | Comment |
|---|---|
| 2014 | If u read too fast and pay not enough attention, risk of selecting answer A |
| jonan203 | lol, under-the-counter... |
| gill15 | That is hilarious. Dude you want this security...shhh....just dont tell anybody... |
| enetis | under the counter... thanks for the comedic relief. |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 5.