Series 6 - Investment Company And Variable Contracts Products Representative Exam

Preview Mode
Start Training Session

Which Treasury security is sold at a lower interest rate than other Treasury securities due to their adjustable principal?

Treasury bill
A
Treasury note
B
Treasury inflation protected security
C
Treasury bond
D
Training

Explanations

Treasury inflation protected securities (TIPS) are sold at lower interest rates than conventional fixed-rate Treasury securities because of their adjustable nature.

Pricing