Which of the following statements is false?
A)The federal government sells bonds and securities to finance both the national debt and the government's ongoing activities.
B)Federal government securities carry a reduced risk of default when compared to corporate securities.
C)Federal government treasury securities offer lower interest rates than corporate bonds.
D)Most individual investors that purchase treasury bills, notes, and bonds bid competitively.
E)Treasury securities may be purchased through banks or brokers.

Question

Quizplus · Accepted Answer

Most individual investors purchase treasury bills, notes, and bonds through non-competitive bidding, meaning they agree to accept whatever yield is determined at auction, rather than bidding competitively for a specific yield.

Which of the Following Statements Is False