Series 6 - Investment Company And Variable Contracts Products Representative Exam
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All of the following securities are examples of money market instruments EXCEPT:
T-bills that trade in the secondary market
A
Treasury and agency securities with maturities of one year or less
B
Short-term discount notes issued by smaller agencies
C
Municipal bonds
D
Explanations
Money market securities issued by the U.S. government and its agencies include Treasury bills that trade in the secondary market, Treasury and agency securities with maturities of one year or less, and short-term discount notes issued by various smaller agencies.