Treasury bills are issued in minimum units of $10,000 with maturities that range from 10 to 30 years.
T-bills are issued in a minimum unit of $100 with additional increments of $100 above the minimum. Maturities are 4, 13, 26, and 52 weeks.

Question

Quizplus · Accepted Answer

The statement is incorrect. Treasury bills are actually issued in minimum units of $1,000, not $10,000 as stated in the first part of the statement. Additionally, T-bills have maturities of 4, 8, 13, 26, and 52 weeks, not just 4, 13, 26, and 52 weeks.

Treasury Bills Are Issued in Minimum Units of $10,000 with Maturities